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Prospect News home > News index > List of issuers U > Headlines for United Air Lines Inc. > News item
Published on 1/13/2004 in the Prospect News Distressed Debt Daily.

Provident Bank buys $6.9 million claim against UAL from Bank of New York

By Jeff Pines

Washington, Jan. 13 - Cincinnati-based Provident Bank acquired from the Bank of New York an unsecured $6.86 million claim against UAL on Thursday, according to a filing with the U.S. Bankruptcy Court for the Northern District of Illinois.

The parent of Chicago-based United Air Lines said it has recently obtained $2 billion in exit financing.


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