American Airlines Announces Pricing of Senior Secured Notes

February 8, 2023

https://www.globenewswire.com/news-release/2023/02/09/2604545/0/en/American-Airlines-Announces-Pricing-of-Senior-Secured-Notes.html

FORT WORTH, Texas, Feb. 08, 2023 (GLOBE NEWSWIRE) — American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Guarantor”)(NASDAQ:AAL), today announced that it priced $750 million aggregate principal amount of its 7.25% senior secured notes due 2028 (the “Notes”). The Notes will have an interest rate of 7.25% per annum and are being issued at par. The Notes will be guaranteed on a senior unsecured basis by the Guarantor. The offering of the Notes is expected to close on February 15, 2023, subject to customary closing conditions.

Read more at globenewswire.com

Related news for (AAL)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.