United Airlines decision to pull out of a proposed $2.25 billion private offering due to investors asking for higher than expected yields could be revisited secured against a different pool of assets, according to analysts at Cowen. United has been an active capital raiser this year, having sourced $2.75 billion via short-term facilities and over $1.1billion from share issues. Last week, United announced their intent to raise another $2.25 billion  via private offering of 2023 and 2025 notes, secured by a designated pool of 360 aircraft. The intention was to use the cash raised to pay off a $2 billion March 2021 maturity

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