American Airlines closes private offering of equipment trust certificates

23 December 2013

American Airlines Group Inc. (NASDAQ: AAL) subsidiary American Airlines, Inc. said it has closed its private offering of American Airlines, Inc. pass through certificates, series 2013-2C for USD256,018,000.

The class C certificates will rank generally junior to the American Airlines pass through certificates, series 2013-2A, which were originally issued on July 31, 2013, and the American Airlines pass through certificates, series 2013-2B, which were originally issued on Nov. 27, 2013.

The class C certificates were issued with an interest rate of 6.00% per annum and a final expected distribution date of Jan. 15, 2017. The class C certificates represent an interest in the assets of a pass through trust, which holds certain equipment notes issued by American.

The certificates were offered to qualified institutional buyers.

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