by bondevalue | Mar 11, 2021 | High Yield Bonds
American Airlines raised a record $10bn via a bond and leveraged loan offering on Wednesday, setting the record for the largest debt package by an airline, beating Delta’s $9bn debt issuance in September last year. American’s deal was upsized by $2.5bn...
by bondevalue | Mar 9, 2021 | Financial News
American Airlines plans to issue $5bn in bonds and $2.5bn in leveraged loans backed by its loyalty program AAdvantage. The proceeds from the issue will be used to repay all outstanding amounts under its term loan facility given by the US Treasury during the pandemic...
by bondevalue | Feb 15, 2021 | High Yield Bonds
US carrier American Airlines is planning a return to the bond market with a new issuance as soon as March to repay loans taken from the US government to tide through the pandemic. According to people familiar with the matter, Goldman Sachs is sounding out investors...
