United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings - S&P Global Ratings’ Credit Research

United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings

United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings - S&P Global Ratings’ Credit Research
United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings
Published Mar 24, 2014
2675 words — Published Mar 24, 2014
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) March 24, 2014--Standard&Poor's Ratings Services today assigned United Airlines Inc.'s series 2014-1 Class A pass-through certificates (with an expected maturity of April 11, 2026) a preliminary 'A- (sf)' rating, and assigned the company's series 2014-1 Class B pass-through certificates (with an expected maturity of April 11, 2022) a preliminary 'BB+ (sf)' rating. The final legal maturities will be 18 months after the expected maturity. United is issuing the certificates under a Rule 415 shelf registration. We will assign final ratings upon the completion of our legal and structural review. We base the preliminary 'A- (sf)' and 'BB+ (sf)' ratings on the credit quality of United's parent, United Continental Holdings Inc. (B/Stable/--); substantial collateral

  
Brief Excerpt:

RESEARCH United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary '##+ (sf)' Ratings Publication date: 24-Mar-2014 Primary Credit Analyst: Betsy R Snyder, CFA, New York (1) 212-438-7811; betsy.snyder@standardandpoo...

  
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:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings" Mar 24, 2014. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-2014-1-Pass-Through-Certificates-Assigned-Preliminary-A-sf-And-Preliminary-BB-sf-Ratings-1282369>
  
APA:
S&P Global Ratings’ Credit Research. (). United Airlines 2014-1 Pass-Through Certificates Assigned Preliminary 'A- (sf)' And Preliminary 'BB+ (sf)' Ratings Mar 24, 2014. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-2014-1-Pass-Through-Certificates-Assigned-Preliminary-A-sf-And-Preliminary-BB-sf-Ratings-1282369>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.