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Moody's rates Continental Airlines EECTs B1
Moody's Investors Service said it assigned a B1 rating to the class C pass through certificates, series 2012-3 of the 2012-3 pass through trust that Continental Airlines, Inc. will establish.
The proceeds of the certificates will fund the purchase of series C equipment notes with respect to 42 aircraft, 21 each in Continental's previously issued EETCs, series 2012-1 and series 2012-2.
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