American Airlines Announces Private Offering of Enhanced Equipment Trust Certificates
American Airlines, Inc. ("American"), the principal operating subsidiary of AMR Corporation, today announced the private offering of American Airlines, Inc. Pass Through Certificates, Series 2013-1C (the "Class C Certificates") in the aggregate face amount of $119,769,000. The Class C Certificates generally will rank junior to the American Airlines, Inc. Pass Through Certificates, Series 2013-1A and the American Airlines, Inc. Pass Through Certificates, Series 2013-1B, which were issued on March 12, 2013.The Class C Certificates will represent an interest in the assets of a pass through trust, which will hold certain equipment notes expected to be issued by American. Such equipment notes are expected to be secured by eight currently owned Boeing 737-823 aircraft, one currently owned Boeing 777-223ER aircraft, two currently owned Boeing 777-323ER aircraft, and two new Boeing 777-323ER aircraft currently scheduled for delivery to American during the period from June 2013 to July 2013.
Continue Reading...
No comments:
Post a Comment