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BRIEF-American Airlines Co And Units Entered Into Payroll Support Program Extension Agreement With U.S. Department Of Treasury

· 03/17/2021 16:46
BRIEF-American Airlines Co And Units Entered Into Payroll Support Program Extension Agreement With U.S. Department Of Treasury

- American Airlines Group Inc AAL.O:

  • AMERICAN AIRLINES - ON JAN 15, 2021 AMERICAN AIRLINES & UNITS ENTERED INTO PAYROLL SUPPORT PROGRAM EXTENSION AGREEMENT WITH U.S. DEPARTMENT OF TREASURY

  • AMERICAN AIRLINES - ALSO ENTERED INTO WARRANT AGREEMENT WITH THE TREASURY, ISSUED A PROMISSORY NOTE TO THE TREASURY, WITH UNITS AS GUARANTORS

  • AMERICAN AIRLINES - CO, UNITS RECEIVED SECOND INSTALLMENT OF PSP2 FINANCIAL ASSISTANCE IN AGGREGATE AMOUNT OF $1.5 BILLION

Source: (https://bit.ly/3rTpwsu)

Further company coverage: AAL.O


((Reuters.Briefs@thomsonreuters.com;))