A group of AMR (AAMRQ.PK) bondholders has offered to provide $1B-$2B in financing to the...

|By:, SA News Editor

A group of AMR (AAMRQ.PK) bondholders has offered to provide $1B-$2B in financing to the bankrupt airline in exchange for large stakes in the carrier as part of its restructuring, the WSJ reports. The creditors, which include JPMorgan (JPM), Pentwater and Litespeed, are also open to US Airways' (LCC) proposal of a merger.