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United Revives Junk-Rated Muni Sale in Tough Time for Airlines

Bloomberg.com·Aashna Shah·22 days ago
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United Airlines planes at Newark Liberty International Airport.

Photographer: Michael Nagle/Bloomberg

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 two series for George Bush Intercontinental Airport in Houston include $150 million for a new catering center, along with $106 million to finance a portion of the design and construction of a ground services equipment facility.

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