American Airlines' parent company, AMR Corp., has filed with the Securities and Exchange Commission to raise $725.7 million, using planes as collateral for the debt. AMR's debt offering is expected to yield roughly 8%, making it an attractive offer to investors, said Mark Streeter, an analyst at JPMorgan. "The bottom line is that this deal makes us feel better about the AMR near-term credit story, we like the deal structure," wrote Streeter in a research note.

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