Americas

American Airlines closes EETC C tranche; announces $1.5bn term loan

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American Airlines closes EETC C tranche; announces $1.5bn term loan

  American Airlines has added a C tranche to its 2013-1 Series enhanced equipment trust certificates (EETC), which were issued on March 12, 2013. The $119.8 million Class C Certificates, which will feature a 5.1 year bullet maturity, have a coupon of 6.125% and priced at par. The notes are secured...

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