American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings - S&P Global Ratings’ Credit Research

American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings

American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings - S&P Global Ratings’ Credit Research
American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings
Published Jan 20, 2011
Published Jan 20, 2011
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Abstract:

NEW YORK (Standard&Poor's) Jan. 20, 2011--Standard&Poor's Ratings Services said today that it has assigned its preliminary 'A-' rating to American Airlines Inc.'s (American) series 2011-1 Class A pass-through certificates with an expected maturity of Jan. 31, 2021, and its preliminary 'BB+' rating to the series 2011-1 Class B pass-through certificates with an expected maturity of Jan. 31, 2018. The final legal maturities will be 18 months after the expected maturity. The issue is a drawdown under a Rule 415 shelf registration. We will decide assign final ratings upon the conclusion of a legal review of the documentation. The preliminary 'A-' and 'BB+' ratings are based on American's credit quality, substantial collateral coverage by a combination of

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings" Jan 20, 2011. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Pass-Through-Certificates-Assigned-Preliminary-A-And-BB-Ratings-844061>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines Inc. Pass-Through Certificates Assigned Preliminary 'A-' And 'BB+' Ratings Jan 20, 2011. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Pass-Through-Certificates-Assigned-Preliminary-A-And-BB-Ratings-844061>
  
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