---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-073385"
form_type: "8-K"
ticker: null
cik: "0000319687"
company_name: "UNITED AIRLINES, INC."
filed_at: "2023-06-21T23:59:59+00:00"
generated_at: "2026-06-13T20:21:31.896617+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Airlines issues $1.32B equipment notes at 5.80% to finance 39 Boeing aircraft

## Summary
- Equipment notes aggregate principal $1,320,110,000 at 5.80% per annum.
- Notes secured by 39 Boeing aircraft delivered from Aug 2022 to May 2023.
- Interest payable semi-annually; principal begins July 15, 2024; final maturity Jan 15, 2036.
- Proceeds from sale of Pass Through Certificates Series 2023-1A used to purchase notes.
- Cross-collateralized by all financed aircraft; accelerates on default or bankruptcy.

## SEC filing metadata
- accession: 0001104659-23-073385
- form_type: 8-K
- cik: 0000319687
- company_name: UNITED AIRLINES, INC.
- filed_at: 2023-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319687/000110465923073385/0001104659-23-073385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319687/000110465923073385/tm2316120d10_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-073385
- JSON: https://secwatch.observer/filing/0001104659-23-073385.json
- Plain text: https://secwatch.observer/filing/0001104659-23-073385.txt

## Key facts
- Debt Financings
  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
  source text: “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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/319687/000110465923073385/0001104659-23-073385-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/319687/000110465923073385/0001104659-23-073385-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.