American Airlines Inc.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating - S&P Global Ratings’ Credit Research

American Airlines Inc.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating

American Airlines Inc.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating - S&P Global Ratings’ Credit Research
American Airlines Inc.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating
Published Jun 26, 2016
Published Jun 26, 2016
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About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) June 27, 2016--S&P Global Ratings today assigned its preliminary 'BBB (sf)' issue-level rating to American Airlines Inc.'s series 2016-2 class B pass-through certificates (with an expected maturity date of June 15, 2024). The final legal maturity will be 18 months after the expected maturity. The certificates are a private placement issued pursuant to Rule 144a without registration rights. We assigned ratings to American's series 2016-2 class AA and class A certificates, which are senior in rank to the class B certificates and secured by the same collateral, on May 13, 2016. We will assign final ratings to the class B certificates upon the completion of our legal and documentary review. We base our preliminary rating

  
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.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating" Jun 26, 2016. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-s-Series-2016-2-Class-B-Pass-Through-Certificates-Assigned-Preliminary-BBB-sf-Rating-1663864>
  
APA:
S&P Global Ratings’ Credit Research. (). American Airlines Inc.'s Series 2016-2 Class B Pass-Through Certificates Assigned Preliminary 'BBB (sf)' Rating Jun 26, 2016. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/American-Airlines-Inc-s-Series-2016-2-Class-B-Pass-Through-Certificates-Assigned-Preliminary-BBB-sf-Rating-1663864>
  
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