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United Airlines announces public offering of common stock and convertible senior notes

1-Oct-2009 1:16 PM

United Airlines announced (30-Sep-2009) plans to offer common stock and convertible senior notes with the net proceeds from both offerings to be used for general corporate purposes:

  • 19 million shares of its common stock in an underwritten registered public offering.
  • USD175 million aggregate principal amount of convertible senior notes due 2029 in a concurrent underwritten registered public offering. [more]