AMR, American Airlines want to borrow up to $1.5 billion at cheaper interest rates
There are 1 comment on the Dallas Morning News story from Oct 9, 2012, titled AMR, American Airlines want to borrow up to $1.5 billion at cheaper interest rates. In it, Dallas Morning News reports that:
American Airlines and parent AMR want to replace $1.32 billion in debt incurred at high interest rates with up to $1.5 billion in cheaper financing, with the debt secured by American's aircraft.
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#1 Oct 16, 2012
When you're a greater financial risk, you pay HIGHER, not lower reates.
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