Shearman And Sterling

News December 07, 2020

Hawaiian Holdings, Inc.’s 5 Million Share At-The-Market Program

Shearman & Sterling represented Morgan Stanley & Co. LLC, BNP Paribas Securities Corp. and Goldman Sachs & Co. LLC in connection with the commencement of Hawaiian Holding, Inc.’s At-The-Market equity program to sell 5 million of its common stock, par value $0.01. The proceeds from offerings under the program will be used for general corporate purposes. 

Hawaiian Holdings is a holding company incorporated in the State of Delaware. Hawaiian Holdings’ primary asset is sole ownership of all issued and outstanding shares of common stock of Hawaiian Airlines, Inc. The company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands, between the Hawaiian Islands and certain cities in the United States, and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia. 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.

The Team