American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating - S&P Global Ratings’ Credit Research

American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating

American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating - S&P Global Ratings’ Credit Research
American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating
Published Sep 27, 2011
2071 words — Published Sep 27, 2011
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Abstract:

NEW YORK (Standard&Poor's) Sept. 27, 2011--Standard&Poor's Ratings Services said today that it has assigned its preliminary 'A- (sf)' rating to American Airlines Inc.'s (American) series 2011-2 class A pass-through certificates with an expected maturity of Oct. 15, 2021. The final legal maturity will be 18 months after the expected maturity. The issue is a drawdown under a Rule 415 shelf registration. We will assign the final rating upon the conclusion of a legal review of the documentation. The preliminary 'A- (sf)' rating is based on American's credit quality and substantial collateral coverage provided by a combination of mostly desirable, legal and structural protections available to the pass-through certificates. The company will use proceeds of the offering

  
Brief Excerpt:

RESEARCH American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating Publication date: 27-Sep-2011 Primary Credit Analyst: Philip Baggaley, CFA, New York (1) 212-438-7683; philip_baggaley@standardandpoors...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating" Sep 27, 2011. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Series-2011-2-Class-A-Pass-Through-Certificates-Assigned-Preliminary-A-sf-Rating-894812>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines Inc. Series 2011-2 Class A Pass-Through Certificates Assigned Preliminary 'A- (sf)' Rating Sep 27, 2011. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Series-2011-2-Class-A-Pass-Through-Certificates-Assigned-Preliminary-A-sf-Rating-894812>
  
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