Cleary Gottlieb represented Citi as the underwriter of US Airways Group, Inc.’s registered public offering of 29,015,790 shares of its common stock (equal to more than a fifth of the issuer’s common shares outstanding prior to the offering). The offering (including partial exercise of the related over-allotment option) closed on September 28.
US Airways is the fifth largest U.S. airline, operating approximately 3,000 flights per day and serving more than 200 communities in the United States, Canada, Europe, the Middle East, the Caribbean and Latin America.
