Hawaiian Airlines’ Shares Offering


Wilson Sonsini Goodrich & Rosati advised Hawaiian Airlines on the deal.

Hawaiian Airlines announced the offering of up to an aggregate of 5,000,000 shares of its common stock. The company is listed on The Nasdaq Global Select Market under the symbol “HA.” On November 30, the last reported sale price of its common stock was $20.26 per share. Morgan Stanley & CO. LLC, BNP Paribas Securities Corp., and Goldman Sachs & Co. LLC are acting as the bookrunning managers for the transaction. Hawaiian Airlines currently intends to use the net proceeds from this offering, if any, for general corporate purposes.

Hawaiian Airlines is the longest serving airline, as well as the largest airline headquartered, in the State of Hawai‘i, and the 10th largest domestic airline in the United States based on revenue passenger miles reported by the Research and Innovative Technology Administration Bureau of Transportation Statistics as of April 2020 (the latest data available).

The Wilson Sonsini team advising Hawaiian Airlines in the transaction includes partners Tony Jeffries (Picture) and Richard Blake and associates Amanda Urquiza, Grecia Barboza, and Zack Lenox.

Involved fees earner: Richard Blake – Wilson Sonsini Goodrich & Rosati; Tony Jeffries – Wilson Sonsini Goodrich & Rosati; Zack Lenox – Wilson Sonsini Goodrich & Rosati; Amanda Urquiza – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Hawaiian Airlines;

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Author: Ambrogio Visconti