American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings - S&P Global Ratings’ Credit Research

American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings

American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings - S&P Global Ratings’ Credit Research
American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings
Published Sep 15, 2014
Published Sep 15, 2014
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Abstract:

NEW YORK (Standard&Poor's) Sept. 15, 2014--Standard&Poor's Ratings Services today assigned its 'A (sf)' issue rating to American Airlines Inc.'s series 2014-1 class A pass-through certificates, which have an expected maturity of Oct. 1, 2026. At the same time, we assigned our 'BBB- (sf)' issue rating to the company's series 2014-1 class B pass-through certificates, which have an expected maturity of Oct. 1, 2022. The final legal maturity dates will be 18 months after the expected maturity dates. American Airlines is issuing the certificates under a Rule 415 shelf registration. We base the ratings on the credit quality of American Airlines' parent, American Airlines Group Inc. (AAG), the substantial collateral coverage by good-quality aircraft, and the legal

  
Report Type:

Ratings Action

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

  
MLA:
S&P Global Ratings’ Credit Research. "American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings" Sep 15, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Series-2014-1-Pass-Through-Certificates-Assigned-A-sf-And-BBB-sf-Ratings-1359244>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines Inc. Series 2014-1 Pass-Through Certificates Assigned 'A (sf)' And 'BBB- (sf)' Ratings Sep 15, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-Series-2014-1-Pass-Through-Certificates-Assigned-A-sf-And-BBB-sf-Ratings-1359244>
  
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