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FWP Filing
American Airlines (AAL) FWPFree writing prospectus
Filed: 28 Sep 11, 12:00am
Securities: | Class A Pass Through Certificates, Series 2011-2A (“Class A Certificates”) | |
Amount: | $725,694,000 | |
Preliminary Prospectus Supplement: | American has prepared and filed with the SEC a Preliminary Prospectus Supplement, dated September 27, 2011 (the “Preliminary Prospectus Supplement”), which includes additional information regarding its Pass Through Certificates, Series 2011-2. Terms used but not defined herein shall have the meanings set forth in the Preliminary Prospectus Supplement. | |
Ratings: | It is a condition to the issuance of the Class A Certificates that they be rated by Moody’s and Standard & Poor’s at not lower than the respective ratings set forth in the table below: | |
Moody’s: | Baa3 | |
Standard & Poor’s: | A- | |
Public Offering Price: | 100% | |
CUSIP: | 02377V AA0 | |
ISIN: | US02377VAA08 | |
Coupon/Stated Interest Rate: | 8.625% | |
Make-Whole Spread Over Treasuries: | 0.50% | |
Parent Guarantee: | The payment obligations of American under the Series A Equipment Notes will be fully and unconditionally guaranteed by AMR Corporation, American’s parent company. | |
Depositary Rating: | The Depositary currently meets the Depositary Threshold Rating requirement. The Depositary has Long-Term Ratings of Aaa from Moody’s and AA from Standard & Poor’s and Short-Term Ratings of P-1 from Moody’s and A-1+ from Standard & Poor’s. | |
Liquidity Provider Rating: | The Liquidity Provider currently meets the Liquidity Threshold Rating requirement. The Liquidity Provider has Short-Term Ratings of P-1 from Moody’s and A-1 from Standard & Poor’s. |
Available Amount under the Liquidity Facilities at April 15, 20121: | $91,034,115 | |
Initial “Maximum Commitment” under the Liquidity Facilities: | $95,799,168 | |
Underwriters’ Purchase Commitments: | ||
Morgan Stanley & Co. LLC | $145,138,800 | |
Deutsche Bank Securities Inc. | $145,138,800 | |
Goldman, Sachs & Co. | $145,138,800 | |
Credit Suisse Securities (USA) LLC | $145,138,800 | |
Citigroup Global Markets Inc. | $145,138,800 | |
Underwriting Commission: | $7,356,940 | |
Concession to Selling Group Members: | 0.50% | |
Discount to Brokers/Dealers: | 0.25% | |
Underwriting Agreement: | September 27, 2011 | |
Settlement: | October 4, 2011 (T+5) closing date, the 5th business day following the date hereof | |
1The first Regular Distribution Date to occur after the Outside Termination Date, which is the last date by which Aircraft may be subjected to the financing of this offering. |