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United prices $700 million bond
12 January 2010
United Airlines prices senior secured notes in line with expectations.
Read more:
[United Airlines]
[bond]
[Japan]
[JP Morgan]
[Goldman Sachs]
[Morgan Stanley]
[Citi]
[Credit Suisse]
[Barclays Capital]
United Airlines priced a $700 million bond backed by its routes to Japan today. The three-year bond was split into two tranches with a $500 million senior tranche pricing with a 9.875% coupon. A secondary $200 million tranche was added this morning and has a 12.0% coupon....
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