United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating - S&P Global Ratings’ Credit Research

United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating

United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating - S&P Global Ratings’ Credit Research
United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating
Published May 06, 2014
1258 words — Published May 06, 2014
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Abstract:

NEW YORK (Standard&Poor's) May 6, 2014--Standard&Poor's Ratings Services today assigned its 'B' rating to United Airlines Inc.'s $308.46 million Airport System Special Facilities Revenue Refunding Bonds, Series 2014 (United Airlines Inc. Terminal E Project). The 2014 bonds are being issued to refinance a portion of the outstanding Airport System Special Facilities Revenue Bonds (Continental Airlines Inc. Terminal E project) Series 2001 (currently $304.49 million outstanding). The facilities being refinanced for United are located at Intercontinental Airport in Houston, Texas. In 2010, Continental and United Air Lines Inc. merged to form United Continental Holdings Inc.; on April 5, 2013, the two airlines combined to form United Airlines Inc. The bonds will remain general unsecured obligations of United,

  
Brief Excerpt:

RESEARCH United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating Publication date: 06-May-2014 Primary Credit Analyst: Betsy R Snyder, CFA, New York (1) 212-438-7811; betsy.snyder@standardandpoors.com...

  
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.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating" May 06, 2014. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-Inc-s-308-5-Million-Special-Facilities-Revenue-Refunding-Bonds-Assigned-B-Rating-1311888>
  
APA:
S&P Global Ratings’ Credit Research. (). United Airlines Inc.'s $308.5 Million Special Facilities Revenue Refunding Bonds Assigned 'B' Rating May 06, 2014. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/United-Airlines-Inc-s-308-5-Million-Special-Facilities-Revenue-Refunding-Bonds-Assigned-B-Rating-1311888>
  
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