American Airlines upsizes, prices $10 billion bond and loan offering

  • 3/10/2021
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(Reuters) - American Airlines Group Inc upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty program, the carrier said on Wednesday. The offering consists of $6.5 billion of high-yield bonds and $3.5 billion of leveraged loans, American Airlines said. The company said it plans to use part of the proceeds to repay government debt.

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