UAL Issues First Registered Notes Since Its Merger


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Hughes Hubbard & Reed recently represented United Continental Holdings Inc. (UAL), the parent of United Airlines, in its issuance of $300 million aggregate principal amount of its 6.375 percent senior notes due 2018 which were guaranteed by United Airlines. It is the first registered notes offering of UAL since the merger of its operating subsidiaries United Air Lines and Continental Airlines in March this year to form United Airlines.

UAL is the world’s largest airline. Through United Airlines and United Express, it carried more passenger traffic in 2012 than any other airline in the world. It also has the world’s most comprehensive global route network and operates more than 5,500 daily flights to more than 375 US and international destinations.
 
John Hoyns, Andy Braiterman, Jerry Harrison, Andrew Fowler, Alex Anderson, Jim Delaney, Arinze Ike, Robyn Morris, Kate O’Donnell and Julie Hanus worked on the deal for UAL.