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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 9/19/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

United Airlines redeems all $800 million 6¾% notes with new term loan

By Toni Weeks

San Luis Obispo, Calif., Sept. 19 – United Airlines, Inc. fully redeemed its $800 million of 6¾% senior secured notes on Sept. 15 using $500 million of proceeds from a new class B-1 term loan, according to an 8-K filing with the Securities and Exchange Commission.

The company also used additional available cash to finance the redemption.

United is a Chicago-based airline operator.


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