Nov. 29, 2012
/PRNewswire/ -- US Airways, Inc. ("US Airways" or the "Company"), a wholly-owned subsidiary of US Airways Group, Inc. (NYSE: LCC) ("US Airways Group"), announced today that it priced an offering of two classes of enhanced equipment trust certificates (the "Certificates") in the aggregate face amount of approximately
. The Company intends to use the proceeds from the offering to finance its purchase of eleven Airbus aircraft scheduled to be delivered from
and to use the balance, if any, for general corporate purposes.
financing is comprised of approximately
of Class A certificates with a final expected distribution date of
June 3, 2025
of Class B certificates with a final expected distribution date of
, 2021. The Certificates are expected to be issued on
December 13, 2012
, subject to customary closing conditions.
Citigroup Global Markets Inc. acted as structuring agent for the offering. Citigroup Global Markets Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering; Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as co-managers for the offering.
The Certificates have been offered under the Company's existing effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission. A prospectus supplement and accompanying prospectus describing the terms of the offering has been filed with the Securities and Exchange Commission. Copies of both the prospectus supplement and the accompanying prospectus for the offering may be obtained from Citigroup (tel: 1-212-723-6171), Goldman, Sachs & Co. (tel: 1-866-471-2526), Morgan Stanley (tel: 1-866-718-1649), Barclays (tel: 1-888-603-5847) or BofA Merrill Lynch (tel: 1-800-294-1322).