American Airlines Upsizes Bond And Loan Offering
Published on Mar 11 2021 1:48 PM in General Industry tagged: American Airlines

American Airlines Group Inc has said that it has upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty programme. Previous Statement The airlines previously sa...
American Airlines Group Inc has said that it has upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty programme.
Previous Statement
Offering Breakdown
The offering consists of $6.5 billion of high-yield bonds and $3.5 billion of leveraged loans, American Airlines said.
Repaying Debt
The company said that it plans to use part of the proceeds to repay government debt.
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