American Airlines Seeks New funding of $ 1.500 million.

With a debt that surpasses the $ 1,300 million the parent company AMR Corp. Amercian Airlines raises go after a new financing of U.S. $ 1,500 million to fill a large part of its outstanding bond debt.

Thus AMR Corp, would use search historically low interest rates in order to qualify for this funding that apparently keeps relieve the debts.

According to the publication of online.wsj.com, AMR said if you act quickly to issue new bonds and take advantage of low interest rates, could save more than $ 200 million in interest expense.

AMR owes more than U.S. $ 1,300 million in capital bonds issued between 2009 and 2011, which, he said, must be paid as a condition of funding.

That became capital debt when AMR filed for Chapter 11 bankruptcy law in the United States last November, and AMR said it will use cash and new financing to pay.