(Reuters) – American Airlines Group Inc upsized and priced a $10 billion bond and loan offering, supported by its AAdvantage loyalty program, the carrier said on Wednesday.
The offering consists of $6.5 billion of high-yield bonds and $3.5 billion of leveraged loans, American Airlines said.
The company said it plans to use part of the proceeds to repay government debt.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Shounak Dasgupta)
