American Airlines Refinances Term Loans

Dow Jones
昨天

By Katherine Hamilton

 

American Airlines refinanced its existing term loans under a 2014 credit agreement.

It incurred term loans in an aggregate principal amount of $1.15 billion and incremental term loans in an aggregate principal amount of $703.2 million, the airline said in a Friday filing.

The new term loans bear interest at a base rate plus an applicable margin of 2% per year, or teh SOFR rate for a tenor of three months, plus an applicable margin of 3% per year.

The loans have a maturity date of May 29, 2033.

They will be repaid in installments of 1% of the aggregate amount of 2026 term loans outstanding on the effective date.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

May 29, 2026 17:56 ET (21:56 GMT)

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