AMR To Offer 30M In Stock, $250M In Debt Securities

Law360, New York (September 22, 2009, 3:09 PM EDT) -- American Airlines Inc. parent company AMR Corp. has said it will offer $250 million in senior convertible notes due in 2014 and 30 million shares of common stock in a move that has come just days after it announced sale and loan deals to raise $2.9 billion in liquidity.

Texas-based AMR announced the offerings Sept. 21, saying it plans to give underwriters of the common stock and notes 30-day options for the additional purchase of 4.5 million shares of common stock and $37.5 million in notes....
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