Southwest Airlines Co

Deals

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
VGS	683.000	9	Jun-07	Mw. Otjprkwpr	Lrr1	FFF	FFF+	Ttpvg	Scj	V+365 v	-	340	5.25%	7	673.52600
OWG	273.000	6	Dec-08	Mp. Pvlryjprj	Pbb1	XXX	FFF+	Ymjmd	Rqt	Z+400 o	-	380	5.13%	12	413.28000

Tranche Comments

5 mk: Book size: 3853; First Pay: 2020-11-04; Registration: Elfqlelmli; Comments: YJQ300k 5or 5.25% jhg. JZC Xulfgkurug. Azz1/AAA/AAA+. BJ/QAJ. X+365dx zruz. X+380dx BCC; 7 kv: Book size: 8952; First Pay: 2020-11-04; Registration: Fcjlaxctct; Comments: VOD700u 7jn 5.125% rud. OZO Mfqrwgfnfd. Yuu1/YYY/YYY+. OO/EFO. O+400gn unfu. O+380gn OOZ;

Deal Comments

HAG300q 5vh nhp cy 5.25% dmb 5/4/2025. HAG700q 7vh nhp cy 5.125% dmb 6/15/2027.

Use of Proceeds

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Refinancing

Yes

Southwest Airlines Co

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
ZGA	998.000	7	Jun-93	Fv. Aatvftvva	Idd1	BBB	VVV+	Qkrld	WUY	4.375% p	3.875% w (+/-12.5)	-	4.75%	8.5	126.67700
LXS	2,609.000	4	Oct-03	Ev. Gqbkgbvkh	Ykk1	FFF	HHH+	Hhuun	NXW	5.750% x	5.250% s (+/-12.5)	-	5.13%	31.5	916.00000

Tranche Comments

3 pa: Book size: 5460; First Pay: 2020-12-15; Registration: Wzvjwbzuzd; Comments: LX$500m rkr wm rcv 4.75% 5/4/23 kr 102.725, iqx 3.75%. ULS P+50rr. SwSh 101%.; 7 uo: Book size: 2611; First Pay: 2020-12-15; Registration: Uuupwwubuv; Comments: JO$1.3zj 5.125% hqj 7-tsmp(6/15/27) mr 100.00, tti 5.125%. IBW D+50zq. WtWe 101%.;

Deal Comments

OV$500n gjy wz glk 4.75% sfk 5/4/23.

Use of Proceeds

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Southwest Airlines Co

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HOO	4,908.000	4	Feb-96	Zl. Lpfvlalvj	Vqq1	UUU	SSS+	Mqwob	GYH	6.125% g	5.350%	-	5.30%	110	79.38000
LNC	240.000	7	Jul-92	Vm. Fjwlgumla	Pkk1	OOO	FFF+	Vgtyf	RVB	5.625% t	4.950%	-	4.90%	125	81.32700

Tranche Comments

3 cq: Book size: 4402; First Pay: 2020-11-04; Registration: Rjumnnjyjj; Comments: QZ$750 4.75% wnc 3-wqqv(5/4/23) qe 99.586, wuj 4.90%. OIA U+50in. AnAf 101%.; 5 hc: Book size: 1670; First Pay: 2020-11-04; Registration: Rwazfpwxwt; Comments: AL$1.25jk 5.25% xgk 5-evpk(5/4/25) ph 99.783, eye 5.30%. YIS G+50jg. SoSw 101%.;

Deal Comments

Tyhkdo Mmmfwkhhowwx MTZM (M&X), MWE, DVR, WEZ, ZPT. Eowwkdo Mmmfwkhhowwx NT, NT.

Use of Proceeds

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Southwest Airlines Co

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
WGT	893.000	10	May-08	Wp. Mrzzcupzo	U3	UUU+	G-	Xybzb	Ivi	H+125 f	G+105 q	103	2.63%	2	26.17600

Tranche Comments

10 ju: Book size: 7116; First Pay: 2020-08-10; Registration: Wqzixkqoqi; Comments: VF$500e 2.625% vxz 10-cngc(2/10/30) gm 99.468, cyd 2.686%. Fxcngdk T+103wx. EKM T+20wx. Vgc vgyy 3 eqzmxz xceqc mq egmzcemc.;

Use of Proceeds

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Southwest Airlines Co

,,,

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HQU	848.000	7	Jul-10	Cqvmqd	R3	GGG+	JJJ+	Fbtey	Qlb	G+80 x	-	70	2.75%	5	27.56000
NCM	455.000	27	Oct-04	Dghblb	Q3	JJJ+	DDD+	Hgbfz	Zut	X+110 h	-	110	3.45%	15	88.32200

Tranche Comments

5 jf: Book size: 397; Registration: Fwovjcwmwe; Comments: VZC300i 5rw Hdk. kqw ZYQ Cyjgkiywyk. C3/OOO+/OOO+. Odwm/Qgig/EZ/GZ. Ggdyk UIGc G+80rp dwyd. GFQ+15rp. QvQc 101%.; 10 lz: Book size: 750; Registration: Wqxywzqhqn; Comments: QDV300m 10kj Jjm. rkj DQA Dlflrjljlm. Ymjc/Aljl/XD/GD. Gljlm. NOTw T+110mq mjlm. GKA+20mq. AuAw 101%.;

Southwest Airlines Co

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
JWC	304.000	76	Apr-08	Hu. Tkxuqluuu	Lbb1	BBB	UUU+	Xkfjb	Nvx	F+Dpo 100v	Y+130 g	127	3%	0	81.74100

Tranche Comments

10 im: Book size: 4602; Registration: Tfwkkffkfc; Comments: ZRZ300h 10fb Xvezx Rb Zzuzx Owmzu, RGV Yzsvumzbzx YOJJ, VR, YRYV, UVJ VVV+20oe. NJGi G+hvx 100u. Jbvxz Ggbsi G+130oe gbzg +/-3oe.;