American Airlines raises $1.0B in incremental term loans to refinance near-term maturities

AMERICAN AIRLINES, INC.

$1.0 billion incremental term loans incurred on May 28, 2025 under Third Amendment to 2021 credit agreement.
Interest at base rate + 2.25% or SOFR (3-month) + 3.25%; maturity May 28, 2032.
Quarterly amortization of 0.25% of original principal starting July 2025.
Proceeds to fund reserve account, intercompany loan to American, and general corporate purposes including repayment of near-term maturities.
Citibank N.A. acts as sole designated lender for the $1.0B facility.

item 1.01item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.