By Karen Brettell NEW YORK, June 29 (Reuters) - Bond investors are demanding a high yield to take on even the secured debt of UAL Corp as declining travel demand continues to hurt revenues at the company, the parent of United Airlines, and raises the risk its liquidity could come under stress. United Airlines on Friday sold $175 million in senior notes backed by its U.S. aircraft spare parts. The notes were priced at 90 cents on the dollar to earn a yield of 17 percent, according to ...
Premium Content (PAID Subscription Required)
"US CREDIT-UAL debt pricing may indicate liquidity fears" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642