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BRIEF-American Airlines and American Airlines Group Inc enters into amendment to credit and guaranty agreement dated as of April 29, 2016
August 21, 2017 / 8:32 PM / a month ago

BRIEF-American Airlines and American Airlines Group Inc enters into amendment to credit and guaranty agreement dated as of April 29, 2016

Aug 21 (Reuters) - American Airlines Group Inc:

* American Airlines - Co and American Airlines Group Inc entered into a second amendment to credit and guaranty agreement

* American Airlines - pursuant to amendment, a new revolving credit facility has been added to April 2016 credit agreement with commitments of $300 million

* American Airlines - ‍pursuant to second amendment, credit and guaranty agreement​ has a maturity date of October 13, 2022

* American Airlines - ‍also entered into a third amendment to amended and restated credit and guaranty agreement dated as of May 21, 2015​

* American Airlines - pursuant to third amendment, credit facility commitments under 2013 credit agreement are reduced to aggregate of $1.2 billion from $1.4 billion

* American Airlines - maturity date of revolving credit facility under 2013 credit agreement is extended to October 13, 2022

* American Airlines - ‍entered into a fourth amendment to amended and restated credit and guaranty agreement dated as of April 20, 2015​

* American Airlines- ‍pursuant to fourth amendment, revolving credit facility commitments under 2014 credit agreement reduced to $1.00 billion from $1.03 billion

* American Airlines - ‍pursuant to fourth amendment, lhr credit agreement is extended to October 13, 2022​ Source text: (bit.ly/2xm1x8y) Further company coverage:

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