Airline

United upsizes loyalty card-backed issuance to $6.8 billion

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United upsizes loyalty card-backed issuance to $6.8 billion

United Airlines has increased the size of its previously announced note issuance backed by the carrier’s loyalty card programme to $6.8 billion from $5 billion. The private offering by Mileage Plus Holdings, a direct wholly-owned subsidiary of United that operates the MileagePlus program now consi...

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