0001104659-21-007232.txt : 20210125 0001104659-21-007232.hdr.sgml : 20210125 20210125165949 ACCESSION NUMBER: 0001104659-21-007232 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210125 DATE AS OF CHANGE: 20210125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED AIRLINES, INC. CENTRAL INDEX KEY: 0000319687 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 742099724 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-250153-01 FILM NUMBER: 21550542 BUSINESS ADDRESS: STREET 1: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 872-825-4000 MAIL ADDRESS: STREET 1: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL AIRLINES, INC. DATE OF NAME CHANGE: 20130212 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL AIRLINES INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PEOPLE EXPRESS AIRLINES INC DATE OF NAME CHANGE: 19890726 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UNITED AIRLINES, INC. CENTRAL INDEX KEY: 0000319687 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 742099724 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 872-825-4000 MAIL ADDRESS: STREET 1: 233 SOUTH WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL AIRLINES, INC. DATE OF NAME CHANGE: 20130212 FORMER COMPANY: FORMER CONFORMED NAME: CONTINENTAL AIRLINES INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PEOPLE EXPRESS AIRLINES INC DATE OF NAME CHANGE: 19890726 FWP 1 tm213710d5_fwp.htm FWP

Issuer Free Writing Prospectus

Filed pursuant to Rule 433(d)

Registration No. 333-250153-01

 

Pricing Supplement

Dated January 25, 2021

 

United Airlines, Inc.
$600,000,000
2020-1 Pass Through Trust
Class B Pass Through Certificates, Series 2020-1

 

Pricing Supplement dated January 25, 2021 to the preliminary prospectus supplement dated January 25, 2021 relating to the Class B Certificates referred to below (as supplemented, the “Preliminary Prospectus Supplement”) of United Airlines, Inc. (“United”).

 

The information in this Pricing Supplement supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent inconsistent with the information in the Preliminary Prospectus Supplement.

 

Unless otherwise indicated, terms used but not defined herein have the meanings assigned to such terms in the Preliminary Prospectus Supplement.

 

Securities: Class B Pass Through Certificates,
Series 2020-1 (“Class B Certificates”)
   
Amount: $600,000,000
   
CUSIP: 90932V AA3
   
ISIN: US90932VAA35
   
Coupon: 4.875%
   
Make-Whole Spread over Treasuries: T+50
   
Maximum Commitment Amount Under Liquidity Facilities as of Class B Issuance Date:  
   
Class A $257,983,734.38
   
Class B $42,580,687.50
   
Price to Public: 100%
   
Underwriters:  
   
Goldman Sachs & Co. LLC $102,000,000
   
Citigroup Global Markets Inc. $84,000,000
   
Credit Suisse Securities (USA) LLC $84,000,000
   
BofA Securities, Inc. $42,000,000
   
Barclays Capital Inc. $42,000,000
   
Deutsche Bank Securities Inc. $42,000,000
   
J.P. Morgan Securities LLC $42,000,000
   
Morgan Stanley & Co. LLC $42,000,000
   
BBVA Securities Inc. $24,000,000
   
BNP Paribas Securities Corp. $24,000,000
   
Credit Agricole Securities (USA) Inc. $24,000,000
   
Standard Chartered Bank $24,000,000

 

 

 

Wells Fargo Securities, LLC $24,000,000
   
Concession to Selling Group Members: 0.50%
   
Discount to Broker/Dealers: 0.25%
   
Underwriting Commission: $6,000,000
   
Settlement: February 1, 2021 (T+5) closing date, the fifth business day after the date hereof

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman Sachs & Co. LLC toll free at 1-866-471-2526, Credit Suisse toll-free at 1-800-221-1037 or Citigroup toll free at 1-877-858-5407.