American airlines announces pricing of senior secured notes

Fort worth, texas, feb. 08, 2023 (globe newswire) -- american airlines, inc. (the “company”), a subsidiary of american airlines group inc. (the “guarantor”)(nasdaq: aal), today announced that it priced $750 million aggregate principal amount of its 7.25% senior secured notes due 2028 (the “notes”). the notes will have an interest rate of 7.25% per annum and are being issued at par. the notes will be guaranteed on a senior unsecured basis by the guarantor. the offering of the notes is expected to close on february 15, 2023, subject to customary closing conditions.
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