Quantcast
United Airlines expects to raise $3 billion in debt offering - Metro US

United Airlines expects to raise $3 billion in debt offering

FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop

(Reuters) – United Airlines <UAL.O> said on Tuesday it plans to raise $3 billion in debt by issuing senior notes, as U.S. airlines beef up liquidity in the wake of the COVID-19 pandemic.

The senior secured notes are due 2027, the company said.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Arun Koyyur)

More from our Sister Sites