Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1') - S&P Global Ratings’ Credit Research

Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1')

Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1') - S&P Global Ratings’ Credit Research
Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1')
Published Oct 29, 2015
5 pages (1631 words) — Published Oct 29, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

American Airlines Inc. is increasing the size of its revolving credit facility, which is secured by international routes, airport gates, and takeoff and landing slots at London's Heathrow International Airport, and extending the maturity date to Oct. 10, 2020. American is also extending the maturity of its revolving credit facility, which is secured by international routes, airport gates, and takeoff and landing slots relating to Latin America, to Oct. 10, 2020. US Airways Inc., which--like American Airlines Inc.--is owned by parent company American Airlines Group Inc., is releasing certain collateral that secures its term loans, including some Heathrow-related assets that now secure American's Heathrow revolving credit facility. We are affirming our 'BB+' issue-level ratings on American Airlines Inc.'s Heathrow revolving

  
Brief Excerpt:

...American Airlines Inc. is increasing the size of its revolving credit facility, which is secured by international routes, airport gates, and takeoff and landing slots at London's Heathrow International Airport, and extending the maturity date to Oct. 10, 2020....

  
Report Type:

Research Update

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

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1')" Oct 29, 2015. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-American-Airlines-Inc-And-US-Airways-Inc-Bank-Facility-Ratings-Affirmed-At-BB-Recovery-Rating-1-1472942>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: American Airlines Inc. And US Airways Inc. Bank Facility Ratings Affirmed At 'BB+' (Recovery Rating: '1') Oct 29, 2015. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-American-Airlines-Inc-And-US-Airways-Inc-Bank-Facility-Ratings-Affirmed-At-BB-Recovery-Rating-1-1472942>
  
US$ 225.00
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