Takeaways by Bloomberg AI
- United Airlines Holding Inc. is returning to the municipal bond market with a junk-rated $256 million sale, after last year’s volatility forced it to postpone the deal.
- The debt package is secured by rent payments made by United and includes $150 million for a new catering center and $106 million to finance a portion of the design and construction of a ground services equipment facility.
- The deal is expected to price on Tuesday and will be led by Bank of America as the lead underwriter, with the debt carrying a BB+ rating from S&P Global Ratings, one level below investment grade.
Bloomberg Markets
By Aashna Shah
May 11, 2026