AMR holders put back $282.91 million 4.5% convertibles

By Angela McDaniels

Tacoma, Wash., Feb. 18 - AMR Corp. said holders of $282.91 million principal amount of its 4.5% senior convertible notes due 2024 exercised their put rights.

A put option for the convertibles expired at 5 p.m. ET on Feb. 13.

The company will pay par for the put convertibles.

According to a company news release, $198,000 principal amount of the convertibles remains outstanding.

Wilmington Trust Co. (Attn: Alisha Clendaniel at 302 636-6470) is the paying agent.

AMR is a passenger airline based in Fort Worth.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.