FORT WORTH, Texas, May 16 /PRNewswire-FirstCall/ -- AMR Corp. , the parent company of American Airlines, Inc., confirmed the terms of the previously announced pricing of a public offering of approximately $400 million of newly issued shares of its common stock. AMR priced 15,002,091 shares at a price to the public of $26.80 per share. AMR has granted the underwriter of the offering a 30-day option to purchase up to 2,250,314 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.
