AMR Prices Public Equity Offering
FORT WORTH, Texas, May 16 /PRNewswire-FirstCall/ -- AMR Corp. (NYSE: AMR), the parent company of American Airlines, Inc., announced the pricing of a public offering of approximately $400 million of newly issued shares of its common stock. AMR has granted the underwriter of the offering a 30-day option to purchase up to approximately $60 million worth of additional shares of AMR common stock solely to cover over-allotments, if any. AMR expects the issuance and delivery of the shares to occur on May 19, 2006. AMR intends to use the net proceeds of the offering for general corporate purposes.
Merrill Lynch & Co. is acting as the sole underwriter for this offering.
A shelf registration statement relating to the common stock has been filed with, and was declared effective by, the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from Merrill Lynch Prospectus Department, 4 World Financial Center, 4th Floor, New York, NY 10080; telephone (212) 449-1000.
SOURCE AMR Corp. -0- 05/16/2006 /CONTACT: Corporate Communications of AMR Corp., +1-817-967-1577, or corp.comm@aa.com / /Web site: http://www.aa.com / (AMR) CO: AMR Corp.; American Airlines, Inc.; Merrill Lynch & Co. ST: Texas IN: AIR TRA LEI SU: OFR AH-CT -- DATU025 -- 9680 05/16/2006 09:01 EDT http://www.prnewswire.com