American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B) - S&P Global Ratings’ Credit Research

American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B)

American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B) - S&P Global Ratings’ Credit Research
American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B)
Published Mar 05, 2013
2430 words — Published Mar 05, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 5, 2013--Standard&Poor's Ratings Services said today that it has assigned its preliminary 'BBB-' (sf) rating to American Airlines Inc.'s series 2013-1 Class A pass-through certificates with an expected maturity of July 15, 2025, and its preliminary 'B+' (sf) rating to American's series 2013-1 Class B pass-through certificates with an expected maturity of Jan. 15, 2021. The final legal maturities will be 18 months after the expected maturity. We will assign final ratings after concluding a legal review of the documentation. The ratings are based on: The consolidated credit quality of American's parent, AMR Corp. (both rated 'D'); Our expectations regarding AMR's and American's likelihood of emerging from bankruptcy; Substantial collateral coverage by

  
Brief Excerpt:

RESEARCH American Airlines Inc.'s 2013-1 Certificates Rated Preliminary '###-' (sf) (Class A), Preliminary 'B+' (sf) (Class B) Publication date: 05-Mar-2013 Primary Credit Analyst: Philip A Baggaley, CFA, New York (1) 212-438-7683;...

  
Report Type:

Ratings Action

Ticker
AMR
Issuer
American Airlines Group Inc.
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B)" Mar 05, 2013. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-s-2013-1-Certificates-Rated-Preliminary-BBB-sf-Class-A-Preliminary-B-sf-Class-B-1089707>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines Inc.'s 2013-1 Certificates Rated Preliminary 'BBB-' (sf) (Class A), Preliminary 'B+' (sf) (Class B) Mar 05, 2013. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-s-2013-1-Certificates-Rated-Preliminary-BBB-sf-Class-A-Preliminary-B-sf-Class-B-1089707>
  
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