FOX BIZ NEWS: American Airlines to sell shares, debt to cope with coronavirus hit

American Airlines to sell shares, debt to cope with coronavirus hit American Airlines Group Inc said on Sunday it plans to raise $1.5 b... thumbnail 1 summary

American Airlines to sell shares, debt to cope with coronavirus hit



American Airlines Group Inc said on Sunday it plans to raise $1.5 billion by selling shares and convertible senior notes, to improve the airline's liquidity as it grapples with travel restrictions caused by the coronavirus.

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