American Airlines Group Prices Unsecured Senior Notes

5/20/19

FORT WORTH, Texas, May 16, 2019 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) announced that it priced $750.0 million aggregate principal amount of unsecured senior notes due 2022. The offering was increased from a previously announced size of $350.0 million aggregate principal amount of notes. The notes will have an interest rate of 5.000% per annum and are being issued at a price equal to 100% of their face value. The notes will be guaranteed on a senior unsecured basis by the Company’s direct wholly-owned subsidiary, American Airlines, Inc.