Free Trial

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

AA prices $1bn senior secured notes

16 March 2011

The notes are secured with routes, landing and take-off slots and the right to occupy space in airport terminals.

Read more: American Airlines $1 billion Citi Credit Suisse JP Morgan routes

American Airlines completed a private offering of senior secured notes worth $1 billion on Tuesday. The notes, which priced at 7.50% and mature in 2016, will be used for general corporate purposes.

Citi is joint bookrunner manager with...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards


Upcoming Events