(Bloomberg) — American Airlines Group Inc. is set to raise $2 billion selling shares and convertible bonds after increasing the size of both offerings, according to people with knowledge of the matter.The carrier is selling $1 billion of new shares in the offering, the people said, asking not to be identified because the information is private. The shares priced at $13.50 each, a person familiar with the matter said.This represents at 15.6% discount to its closing price before the deal launched and a 9.5% below its closing price of $14.92 on Monday.The convertible note portion was increased to $1 billion …read more
Source:: Yahoo Finance
