American Airlines plans $220.72 million series 2017-2B pass-throughs

By Devika Patel

Knoxville, Tenn., Sept. 26 – American Airlines, Inc. announced a $220,723,000 offering of series 2017-2B pass-through certificates, according to an FWP and a 424B5 filed with the Securities and Exchange Commission.

Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. are the joint structuring agents and lead bookrunners. BofA Merrill Lynch, Barclays, Citigroup Global Markets Inc., ICBC Standard Bank, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, BNP Paribas Securities Corp., Credit Agricole Securities, Standard Chartered Bank and SMBC Nikko are the bookrunners. U.S. Bancorp Investments Inc. is the co-manager.

The company expects the notes to be rated Baa3 by Moody’s Investors Service and BBB by Fitch Ratings.

Proceeds will be used to acquire the company’s series B equipment notes.

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

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