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Non-Tech : Airline Discussion Board
JETS 24.16+0.7%Nov 18 4:00 PM EST

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To: Sam who wrote (1164)6/21/2020 8:08:57 PM
From: Sam  Read Replies (1) of 1868
 
And there is more--another $2b of liquidity.


American Airlines Says Proposed Offering Of Senior Secured Notes And New Term Loan
Reuters June 21, 2020 05:18:00 PM ET

June 21 (Reuters) - American Airlines Group Inc:

* ANNOUNCES PROPOSED OFFERING OF SENIOR SECURED NOTES AND NEW TERM LOAN

* ANNOUNCED A PROPOSED PRIVATE OFFERING OF $1.5 BILLION AGGREGATE PRINCIPAL AMOUNT OF SECURED SENIOR NOTES DUE 2025


* ANNOUNCED IT INTENDS TO ENTER INTO A NEW $500 MILLION TERM LOAN B FACILITY DUE 2024

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