0001193125-19-236696.txt : 20190903 0001193125-19-236696.hdr.sgml : 20190903 20190903172532 ACCESSION NUMBER: 0001193125-19-236696 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190903 DATE AS OF CHANGE: 20190903 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: 333-221865-01 FILM NUMBER: 191072791 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 d798974dfwp.htm FWP FWP

Issuer Free Writing Prospectus

Filed pursuant to Rule 433(d)

Registration No. 333-221865-01

Pricing Supplement

Dated September 3, 2019

United Airlines, Inc.

$232,381,000

2019-2 Pass Through Trust

Class B Pass Through Certificates, Series 2019-2

Pricing Supplement dated September 3, 2019 to the preliminary prospectus supplement dated September 3, 2019 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 2019-2 (“Class B Certificates”)
Amount:    $232,381,000
CUSIP:    90932K AA7
ISIN:    US90932KAA79
Coupon:    3.50%
Make-Whole Spread over Treasuries:    0.35%
Initial Maximum Commitment Amount Under Liquidity Facility:    $13,284,448
Price to Public:    100%
Underwriters:   

Credit Suisse Securities (USA) LLC

    $53,190,500

Citigroup Global Markets Inc.

    $53,190,500

Goldman Sachs & Co. LLC

    $41,000,000

Morgan Stanley & Co. LLC

    $30,000,000

Deutsche Bank Securities Inc.

    $23,000,000

Barclays Capital Inc.

    $6,000,000

BofA Securities, Inc.

    $6,000,000

BBVA Securities Inc.

    $4,000,000

BNP Paribas Securities Corp.

    $4,000,000

Credit Agricole Securities (USA) Inc.

    $4,000,000

Standard Chartered Bank

    $4,000,000

Wells Fargo Securities, LLC

    $4,000,000
Concession to Selling Group Members:    0.50%
Discount to Broker/Dealers:    0.25%

Underwriting Commission:    $2,323,810
Settlement:    September 13, 2019 (T+8) closing date, the 8th business day after the date hereof
Senior Certificates Offering:    On September 3, 2019, United priced an offering of $702,146,000 aggregate face amount of its Class AA Certificates, on which interest will be paid at a rate per annum of 2.70%, and $286,718,000 aggregate face amount of its Class A Certificates, on which interest will be paid at a rate per annum of 2.90%. Such Class AA Certificates and Class A Certificates are being offered pursuant to a prospectus supplement of United, dated as of the date hereof, separate from the prospectus supplement relating to the Class B Certificates.

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 Credit Suisse toll-free at 1-800-221-1037 or Citigroup at 1-877-858-5407.