E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/31/2018 in the Prospect News Investment Grade Daily.

United Airlines plans to sell $935.14 million of 2018-1 pass-throughs

By Devika Patel

Knoxville, Tenn., Jan. 31 – United Airlines Inc. intends to price $935.14 million of class AA pass-through certificates series 2018-1 (Aa3//AA) due Sept. 1, 2031 and class A pass-through certificates series 2018-1 (A2//A) due Sept. 1, 2031, according to 424B3 and FWP filings with the Securities and Exchange Commission.

The company will sell $677,175,000 of class AA pass-through certificates and $257,965,000 of class A pass-through certificates.

The certificates have a final distribution date of March 1, 2030.

Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and Goldman Sachs & Co. are the lead bookrunners.

Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Barclays, BofA Merrill Lynch, BNP Paribas Securities Corp., Credit Agricole Securities, J.P. Morgan Securities LLC, Standard Chartered Bank and Wells Fargo Securities LLC are also bookrunners.

Proceeds will be used to acquire equipment notes.

The airline is based in Chicago.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.