American Airlines Seeks to Raise $1.5 Billion in Stock, Convertible Notes Sale: Bloomberg News – The New York Times

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American Airlines Seeks to Raise $1.5 Billion in Stock, Convertible Notes Sale: Bloomberg News – The New York Times

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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