United Airlines prepays $1.8B term loan in full, terminates credit facility

United Airlines Holdings, Inc.

On July 2, 2024, Mileage Plus Holdings entities prepaid $1.8B outstanding principal plus accrued interest and fees under the Term Loan Facility.
The $3.0B term loan facility, fully drawn on July 2, 2020, has been terminated and all commitments canceled.
The prepayment eliminates future interest obligations and reduces leverage for United Airlines Holdings (UAL).

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