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8-K/AThe WireStrategic

New Debt / Obligation · Company Update

Filed Mar 27, 2020 · 6y ago · Accession 0000006201-20-000048

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 25, 2020 AMERICAN AIRLINES GROUP INC. AMERICAN AIRLINES, INC. (Exact name of registrant as specified in its charter) Delaware   1-8400   75-1825172 Delaware   1-2691   13-1502798 (State or other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1 Skyview Drive, Fort Worth, Texas     76155 1 Skyview Drive, Fort Worth, Texas     76155 (Address of principal executive offices)     (Zip Code) Registrant’s telephone number, including area code: ( 817 ) 963-1234 ( 817 ) 963-1234 N/A (Former name or former address if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value per share   AAL   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐           EXPLANATORY NOTE American Airlines Group Inc. and American Airlines, Inc. (“American Airlines”) are filing this Amendment No. 1 (the “Form 8-K/A”) to their Current Report on Form 8-K (the “Original Form 8-K”), filed with the U.S. Securities and Exchange Commission on March 25, 2020 , solely to correct the date of the Form 8-K referenced in the Original Form 8-K as describing the terms and conditions of the term loans under American Airlines’ senior secured delayed draw term loan credit facility, which was incorrectly stated as March 19, 2019. The correct date of the referenced Form 8-K is March 19, 2020. Except as specifically noted above, this Form 8-K/A does not modify or update disclosures in the Original Form 8-K. Accordingly, this Form 8-K/A does not reflect events occurring after the filing of the Original Form 8-K or modify or update any related or other disclosures. This Form 8-K/A should be read in conjunction with the Original Form 8-K, which continues to speak as of the date of the Original Form 8-K. ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. The information provided in Item 8.01 is incorporated herein by reference to the extent responsive to Item 2.03. ITEM 8.01. OTHER EVENTS. On March 25, 2020 , American Airlines, Inc. borrowed $1.0 billion in term loans under its existing senior secured delayed draw term loan credit facility, originally entered into on March 18, 2020. The terms and conditions of such borrowings are described in the Form 8-K filed on March 19, 2020 and incorporated herein by reference. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines Group Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.           A MERICAN  A IRLINES  G ROUP  I NC .       Date: March 27, 2020 By:   /s/ Derek J. Kerr       Derek J. Kerr       Executive Vice President and Chief Financial Officer Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.           A MERICAN  A IRLINES , I NC .       Date: March 27, 2020 By:   /s/ Derek J. Kerr       Derek J. Kerr       Executive Vice President and Chief Financial Officer
Filing details
Ticker
AAL
CIK
6201
Form type
8-K/A
Filing date
Mar 27, 2020
Report date
Mar 25, 2020
Document
a8ka032520borrowingfro.htm
Size
238 KB