Skip navigation

FEATURED SLIDESHOWS

More

Current DateTime: 09:57:10 06 Jul 2009
LinksList Documentid: 24355697
  • Collection of Michael Jackson

      Earlier this year, Jackson sought to auction his personal items. Although it never came through, here's a look at what was almost sold.

  • Recession-Resistant US Cities

      Some cities have been hit much harder than others during the recession. Here are the metro areas faring the best.

  • How Much For A T-Bone Steak?

      From the cost of a T-bone steak to a monthly phone bill, the price for everyday items can vary dramatically across the country.

United Air Lines sets price for note offering
By: The Associated Press | 29 Jun 2009 | 11:46 AM ET
Text Size

CHICAGO - United Air Lines Inc. announced Monday the pricing of its offering of $175 million in principal senior secured notes.

The company said the notes were issued at a discount to their face value and carry a coupon of 12.8 percent a year.

United said the notes will be secured by a lien on spare parts of its aircraft in the U.S. United's parent company, UAL Corp. will guarantee the notes.

United Air Lines said it would use the proceeds from the offering for general operations.

Shares of UAL Corp. fell 1 cent to $3.47 in morning trading.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print EmailAdd This share icon


Current DateTime: 05:14:33 06 Jul 2009
LinksList Documentid: 29778429

Current DateTime: 05:20:11 06 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 11:26:00 06 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 06:43:09 06 Jul 2009
LinksList Documentid: 29779197

Current DateTime: 01:05:27 06 Jul 2009
LinksList Documentid: 29779200

Current DateTime: 06:43:09 06 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:05:27 06 Jul 2009
LinksList Documentid: 29779198
CNBCCNBC
About CNBC  |  Site Map  |  Privacy Policy  |  Terms of Service  |  Video Reprints  |  Advertise  |  Help  |  Contact
Partners: AOL Money  |  BloggingStocks.com
CNBC is a Division of NBC Universal
  Data is a real-time snapshot *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
Thomson ReutersThomson Reuters