Air Canada priced its first enhanced equipment trust certificates, the $714.5 million Air Canada Pass Through Certificates, Series 2013-1, on Thursday, the airline said in a press release.

Three tranches of notes were priced, one of which was added on Thursday. The $424.3 million class A certificates priced with a fixed rate coupon of  4.12%; the $181.8 million class B certificates priced with a fixed rate coupon of 5.37%  and the $108.2 million, class C certificates priced at a fixed rate coupon of 6.62%.

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