Free Trial

Air Finance Journal
Search advanced search
Air Finance Journal Copying and distributing are prohibited without permission of the publisher

American Airlines will tap the capital markets

30 June 2009

Following Continental’s EETC and United’s secured bond, American Airlines will go to the capital markets to raise capital

Read more: American Airlines Goldman Sachs Morgan Stanley Calyon EETC Secured Bond

American Airlines will launch a $520 million secured bond in July. The enhanced equipment trust certificates (EETC) will refinance 16 aircraft and provide funding for four widebodies delivering in 2009 and 2010.

Goldman...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

Upcoming Events