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AAL Stock Down 8% in Pre-market as American Airlines Looking for $3.5 Billion in Financing
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AAL Stock Down 8% in Pre-market as American Airlines Looking for $3.5 Billion in Financing

By • 3 mins read

American Airlines (AAL) stock price is falling as the company wants to get $3.5 billion in fresh financing. $1.5 billion is to be received through share sales and the issuance of convertible debt notes. The second part will be offered in secured notes.