American Airlines plans $100 million sale of 2012-2C(R) pass-throughs

By Devika Patel

Knoxville, Tenn., April 30 – American Airlines, Inc. announced a $100 million planned tranche of 2012-2C(R) pass-through certificates, series 2012-2 (Ba3/BB), according to an FWP and a 424B5 filed with the Securities and Exchange Commission.

The notes will have a weighted average life of 5.1 years and are callable with a make-whole premium at any time.

Deutsche Bank Securities Inc. is the bookrunner.

Proceeds will be used to purchase aircraft, redeem series C equipment notes and repay class C certificates.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.