Alaska Air Group, Inc 8-K, filed Jun 3, 2021
Alaska Air Group, Inc. (ALK)
8-K
2021-06-03
For: 2021-06-03
View Original
Added on
April 11, 2026
About this 8-K
Alaska Air Group, Inc filed this 8-K on June 3, 2021.
Items reported
- Item 1.02: Ended a material agreement
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Date of earliest event reported)
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
(206 ) 392-5040
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Ticker Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
This document is also available on our website at http://investor.alaskaair.com.
ITEM 1.02 Termination of a Material Definitive Agreement
On June 3, 2021, Alaska Air Group, Inc. (Air Group) and its subsidiaries Alaska Airlines, Inc. (Alaska) and Horizon Air Industries, Inc. (Horizon) repaid in full the $135 million loan from the U.S. Department of the Treasury (the Treasury) made available under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). In connection with the repayment, Air Group concluded the outstanding commitments under the Loan and Guarantee Agreement entered into in September 2020 (as amended and restated in October 2020, and as further amended in January 2021) among Alaska as the borrower, Air Group and Horizon as the guarantors, the the Treasury, as lender, and the Bank of New York Mellon, as administrative agent and collateral agent.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
ALASKA AIR GROUP, INC.
Registrant
Date: June 3, 2021
/s/ CHRISTOPHER M. BERRY
Christopher M. Berry
Vice President, Finance and Controller