NEW YORK (Standard&Poor's CreditWire) Dec. 5, 2000--Standard&Poor's today assigned its triple-'B'-minus bank loan rating to American Airlines Inc.'s five-year unsecured revolving credit facility, which is expected to close shortly. The facility will total in excess of $750 million, however, the exact commitment amount is still to be determined. The co-lead arrangers are Salomon Smith Barney Inc. and Chase Securities Inc., with Chase Manhattan Bank N.A. as syndication agent. All other ratings on on the company are affirmed (see list below). The outlook is negative. The bank loan rating is the same as American Airlines' corporate credit rating and senior unsecured debt rating, as borrowings under the facility will be pari passu with other senior unsecured obligations
