January 30, 2017 — Hughes Hubbard represented United Continental Holdings Inc. (UAL), the parent company of United Airlines, in connection with its issuance of $300 million of 5 percent senior notes due 2024, which United Airlines guaranteed. UAL will use the proceeds for general corporate purposes.
The transaction closed on Jan. 26, 2017. The underwriting group included Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Barclays Capital Inc. and Deutsche Bank Securities Inc.
United Airlines serves major markets around the world, either directly or through participation in Star Alliance®. United Airlines offers approximately 4,500 daily flights to more than 339 airports across five continents.
John Hoyns, Andy Braiterman, Juli Thorstenn and Emily Nordin worked on the deal for UAL and United Airlines.