American Airlines considers borrowing to pay back government loans
Goldman Sachs is in talks with investors for refinancing of up to $9bn for the airline, insiders say
American Airlines Group is weighing a return to the debt market as soon as March to help pay back loans from the US government that have helped keep the company afloat through the pandemic.
Goldman Sachs Group, which last year helped United Airlines Holdings use its frequent-flyer programme to backstop new debt, is sounding out potential credit investors in a debt deal for American, according to people familiar with the matter. American, which backed a $7.5bn US treasury loan with its frequent-flyer programme, is considering doing the same with its new debt, said the people, who asked not to be named because the matter is private. Terms are still fluid and could change, they said...
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