Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B) - S&P Global Ratings’ Credit Research

Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B)

Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B) - S&P Global Ratings’ Credit Research
Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B)
Published Oct 03, 2012
Published Oct 03, 2012
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Oct. 3, 2012--Standard&Poor's Ratings Services said today that it has assigned its 'A-'(sf) rating to Continental Airlines Inc.'s series 2012-2 Class A pass-through certificates with an expected maturity of Oct. 29, 2024, and its 'BBB-'(sf) rating to Continental's series 2012-2 Class B pass-through certificates with an expected maturity of Oct. 29, 2020. The final legal maturities will be 18 months after the expected maturity. Continental is issuing the certificates under a Rule 415 shelf registration. We had assigned preliminary ratings Sept. 19, 2012. The 'A-'(sf) and 'BBB-'(sf) ratings are based on the consolidated credit quality of Continental's parent, United Continental Holdings Inc. (B/Stable/--); substantial collateral coverage by good-quality aircraft; and the legal and

  
Report Type:

Ratings Action

Ticker
CAL
Issuer
United Airlines Inc.
GICS
Airlines (20302010)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B)" Oct 03, 2012. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Continental-Airlines-Inc-s-2012-2-Pass-Through-Certificates-Rated-A-sf-Class-A-BBB-sf-Class-B-1019332>
  
APA:
S&P Global Ratings’ Credit Research. (). Continental Airlines Inc.'s 2012-2 Pass-Through Certificates Rated 'A-'(sf) (Class A), 'BBB-'(sf) (Class B) Oct 03, 2012. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Continental-Airlines-Inc-s-2012-2-Pass-Through-Certificates-Rated-A-sf-Class-A-BBB-sf-Class-B-1019332>
  
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