AMR Will Redeem Outstanding Debentures, Series A Preferred Stock
AMR Corp. said it will redeem all outstanding 6 1/8% Subordinated Quarterly Income Capital Securities due 2024. The carrier set the call for redemption for May 20. The company, which has $1.02 billion in debentures outstanding, will pay $1,045.23 for each $1,000 in principal. Holders of the...
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