USA320Pilot
Veteran
- May 18, 2003
- 8,175
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They include an issuer default rating of "CCC," a senior secured term loan due in 2014 at "B+" and senior unsecured convertible notes at "C." The last rating is the weakest of the group, and Fitch says it means US Airways' notes carry "exceptionally high levels of credit risk" and "default is imminent or inevitable."