American Airlines plans $512 million class B pass-through certificates

By Aleesia Forni

Virginia Beach, Va., Nov. 21 - American Airlines Inc. plans to price $512,038,000 of class B pass-through certificates in a private placement, according to a company release.

The certificates will rank junior to the company's $1,408,113,000 of 4.95% class A pass-through certificates priced on July 31.

The sale will be done under Rule 144A and Regulation S.

The company's pass-through trust holds equipment notes to be issued by American that are secured by 41 currently owned Boeing 737-823 aircraft, 14 Boeing 757-223 aircraft, one Boeing 767-323ER aircraft and 19 Boeing 777-223ER aircraft.

The commercial airline, which is a subsidiary of AMR Corp., is based in Fort Worth, Texas.

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