United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings - S&P Global Ratings’ Credit Research

United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings

United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings - S&P Global Ratings’ Credit Research
United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings
Published Aug 14, 2013
2457 words — Published Aug 14, 2013
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Abstract:

NEW YORK (Standard&Poor's) Aug. 14, 2013--Standard&Poor's Ratings Services today assigned its 'A- (sf)' rating to United Airlines Inc.'s series 2013-1 Class A pass-through certificates with an expected maturity of Aug. 15, 2025, and its 'BB+ (sf)' rating to United's series 2013-1 Class B pass-through certificates with an expected maturity of Aug. 15, 2021. The final legal maturities will be 18 months after the expected maturity. United is issuing the certificates under a Rule 415 shelf registration. The 'A- (sf)' and 'BB+ (sf)' ratings are based on the credit quality of United's parent, United Continental Holdings Inc. (United Continental; B/Stable/--); the substantial collateral coverage by good-quality aircraft; and the legal and structural protections available to the pass-through

  
Brief Excerpt:

RESEARCH United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings Publication date: 14-Aug-2013 Primary Credit Analyst: Betsy R Snyder, CFA, New York (1) 212-438-7811; betsy.snyder@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Structured Finance
Country
Region
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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.

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MLA:
S&P Global Ratings’ Credit Research. "United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings" Aug 14, 2013. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-Inc-Class-A-And-B-Pass-Through-Certificates-Assigned-Ratings-1178768>
  
APA:
S&P Global Ratings’ Credit Research. (). United Airlines Inc. Class A And B Pass-Through Certificates Assigned Ratings Aug 14, 2013. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-Inc-Class-A-And-B-Pass-Through-Certificates-Assigned-Ratings-1178768>
  
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