US CREDIT-UAL debt pricing may indicate liquidity fears

Newswire

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 ...

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