JetBlue creditors reportedly organize with advisers after stock and debt hit record lows

Bloomberg reports that JetBlue creditors, including holders of $2 billion in bonds due 2031 and a $742 million first-lien loan, are working with PJT Partners and Akin Gump, citing people familiar with the matter. Bloomberg says JetBlue’s stock and debt reached record lows that week. Reuters, citing The Wall Street Journal, also reports that a senior creditor group is working with PJT Partners.