secwatch / observer
8-K filed June 21, 2023, 7:59 PM ET CIK 0000319687
debt confidence high sentiment neutral materiality 0.70

UNITED AIRLINES, INC.: debt financing — United Airlines issues $1.32B equipment notes at 5.80% to finance 39 Boeing aircraft

UNITED AIRLINES, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

UNITED AIRLINES, INC. incurred debt of $1,320,110,000 with Wilmington Trust, National Association at 5.80% per annum maturing January 15, 2036.

Principal
$1,320,110,000
Counterparty
Wilmington Trust, National Association
Rate
5.80% per annum
Maturity
January 15, 2036
Event
incurrence
Exact text from the filing
“Note Purchase Agreement”). The Note Purchase Agreement provides for the issuance by the Company of equipment notes (the “Equipment Notes”) in the aggregate principal amount of $1,320,110,000 to finance 39 Boeing aircraft delivered new to the Company from August 2022 to May 2023 (collectively, the “Aircraft”). Pursuant to the Note Purchase Agreement, on June 20, 2023,
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UNITED AIRLINES, INC. entered into Note Purchase Agreement with Wilmington Trust, National Association valued at $1,320,110,000 (effective 2023-06-20).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$1,320,110,000
Effective
2023-06-20
Exact text from the filing
On June 20, 2023, United Airlines, Inc. (the “Company”) and Wilmington Trust, National Association, as subordination agent and pass through trustee (the “Trustee”) under a certain pass through trust newly formed by the Company, entered into the Note Purchase Agreement, dated as of June 20, 2023 (the “Note Purchase Agreement”). The Note Purchase Agreement provides for the issuance by the Company of equipment notes (the “Equipment Notes”) in the aggregate principal amount of $1,320,110,000 to finance 39 Boeing aircraft delivered new to the Company from August 2022 to May 2023 (collectively, the “Aircraft”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-073385
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