American Airlines entered into amendments to three credit agreements with Barclays, Citibank and Deutsche Bank as administrative agents
According to a related 8-K filing, the total aggregate revolving credit facility commitments under the credit agreements remained at $2,842.5 million.
On the closing date, American and AAG entered into the fifth amendment to credit and guaranty agreement with Barclays Bank as administrative agent. The fifth amendment increased the facility to an aggregate of $450 million from $300.0 million and certain lenders party to the April 2016 credit agreement extended the maturity date of their commitments to the April 2016 revolving facility under to a maturity date of October 11, 2024 from October 13, 2023.
American and AAG also entered into the sixth amendment to amended and restated credit and the the agreement dated as May 21, 2015 with Deutsche Bank, New York Branch, as administrative agent. Under the terms of the sixth amendment, the total aggregate revolving credit commitments to the revolving credit facility under the 2013 Credit Agreement were reduced to an aggregate of $750 million from $1,000 million and certain lenders party extended the maturity date of their commitments to the 2013 revolving facility to a maturity date of October 11, 2024 from October 13, 2023.
American and AAG also entered into the seventh amendment the credit agreement with Citibank as administrative agent. Under the terms of the seventh amendment, the total aggregate revolving credit commitments to the revolving credit facility under the 2014 credit agreement were increased to an aggregate of $1,642.5 million from $1,542.5 million and certain lenders party to the 2014 credit agreement extended the maturity date of their commitments to October 11, 2024 from October 13, 2023.
