{"id":74575,"date":"2020-06-21T01:28:16","date_gmt":"2020-06-21T05:28:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74575"},"modified":"2020-06-23T01:31:13","modified_gmt":"2020-06-23T05:31:13","slug":"american-airlines-seeks-3-5-billion-in-new-financing","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2020\/american-airlines-seeks-3-5-billion-in-new-financing.html","title":{"rendered":"American Airlines seeks $3.5 billion in new financing"},"content":{"rendered":"<p>(CNBC) American Airlines said on Sunday it plans to secure $3.5 billion in new financing, to improve the airline\u2019s liquidity as it grapples with travel restrictions caused by the coronavirus. The company plans to raise $1.5 billion by selling shares and convertible senior notes due 2025, the airline said in a statement. Additionally, the airline said it will offer $1.5 billion in senior secured notes and that it intends to enter into a new $500 million term loan facility due 2024.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/06\/22\/american-airlines-seeks-new-financing.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) American Airlines said on Sunday it plans to secure $3.5 billion in new financing, to improve the airline\u2019s liquidity as it grapples with travel restrictions caused by the coronavirus. The company plans to raise $1.5 billion by selling shares [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74575","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74575"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74575\/revisions"}],"predecessor-version":[{"id":74576,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74575\/revisions\/74576"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}