HONOLULU, Jan. 26, 2021 /PRNewswire/ -- Hawaiian Airlines, Inc. (the "Company"), a wholly owned subsidiary of Hawaiian Holdings, Inc. (Nasdaq: HA ), today announced the launch of an unregistered offering of $800 million in aggregate principal amount of Senior Secured Notes due 2026 (the "Notes") by two newly-formed subsidiary Issuers (as defined below), subject to market and other conditions. The Notes will be offered by Hawaiian Brand Intellectual Property, Ltd., an indirect wholly-owned subsidiary of the Company (the "Brand Issuer"), and HawaiianMiles Loyalty, Ltd., an indirect wholly-owned subsidiary of the Company (the "Loyalty Issuer" and, together with the Brand Issuer, the "Issuers"). The Issuers intend to lend the net proceeds from the offering of the Notes to the Company, after depositing a portion of such proceeds in a reserve account. The final terms and amounts of the Notes are subject to market and other conditions and may be materially different than expectations.