American Airlines flight 718, the first US Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, US. (Reuters)
American Airlines flight 718, the first US Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, US. (Reuters)

American Airlines to offer $5 billion in notes to repay government debt

The US airline will use the proceeds to repay outstanding debt under the loan with the US Department of the Treasury and for other purposes.
Reuters | | Posted by Harshit Sabarwal
PUBLISHED ON MAR 08, 2021 07:19 PM IST

American Airlines Group Inc said on Monday it intends to privately offer notes worth about $5 billion to repay government debt.

The US airline will use the proceeds to repay outstanding debt under the loan with the US Department of the Treasury and for other purposes.

SHARE THIS ARTICLE ON
Close
SHARE
Story Saved
OPEN APP