American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B' - S&P Global Ratings’ Credit Research

American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B'

American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B' - S&P Global Ratings’ Credit Research
American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B'
Published Feb 06, 2004
911 words — Published Feb 06, 2004
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Feb. 6, 2004--Standard&Poor's Ratings Services said today it assigned its 'BBB-' rating to American Airlines Inc.'s (B-/Stable/--) $180.5 million 7.25% Class A secured notes due 2009, and assigned its 'B' rating to the $42.0 million Class B secured notes due 2009. The final scheduled payment date for the Class A is Feb. 5, 2009, and the final legal maturity Feb. 5, 2011. The Class B notes' scheduled and final legal maturity dates are Feb. 5, 2009. "The rating on the Class A notes is based the credit of American Airlines, the strategic importance to American of aircraft spare parts that collateralize the notes in any bankruptcy reorganization, and various structural features intended to

  
Brief Excerpt:

RESEARCH American Airlines' Class A Secured Notes Rated '###-'; Class B Rated 'B' Publication date: 06-Feb-2004 NEW YORK (Standard & Poor's) Feb. 6, 2004--Standard & Poor's Ratings Services said today it assigned its '###-' rating to...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B'" Feb 06, 2004. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Class-A-Secured-Notes-Rated-BBB-Class-B-Rated-B-358051>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines' Class A Secured Notes Rated 'BBB-'; Class B Rated 'B' Feb 06, 2004. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Class-A-Secured-Notes-Rated-BBB-Class-B-Rated-B-358051>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.