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American Airlines plans $5 billion bond sale backed by frequent flyer program to pay back other debt

Retrieved on: 2021-03-08 14:08:19

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American Airlines plans $5 billion bond sale backed by frequent flyer program to pay back other debt. View article details on hiswai:

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American Airlines is mortgaging its frequent flyer program to secure $5 billion in bonds and a $2.5 billion term loan to pay back Treasury loan and other debt

Article found on: www.cnbc.com

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