Punished by higher fuel costs, American Airlines (AMR +0.5%) plans to sell $1B in senior notes...

|About: American Airlines Group (AAL)|By:, SA News Editor

Punished by higher fuel costs, American Airlines (AMR +0.5%) plans to sell $1B in senior notes as its credit-default swaps rise 0.6 points, to 15.5% up front (and 5% a year besides). Borrowing costs are still low and the offering will be secured by routes, terminal spaces and takeoff/landing slots.