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United Airlines Holdings, Inc.
Investment evaluation
The images below show the real trades of some of our clients or the balances of the property accounts of some of our clients, while IMPERIUM FINANCE s.r.o. does not guarantee that the same or higher appreciation will result from the trading of every investor. Investing is always associated with risks, which the investor should first familiarize himself with, e.g. through the document "Investment services, investment instruments and risks related to them", which is available here . Please also note that the evaluations below are based on gross performance. In order to obtain a net return, it is necessary to take into account the influence of all costs associated with investing, see, for example, a sample calculation of business costs, which is available here . The net investment return may also be affected by the tax regime, which depends on the individual circumstances of each investor and may change in the future. If the investment instrument listed below is denominated in a foreign currency, the valuation presented also refers to this currency and the return on the investment in the investor's currency may be affected by exchange rate fluctuations.
United Airlines Holding
The company is the American leader in air transportation. The company dominated pre-Covid-19, as the stock price chart shows.
Complete information
Issuer
United Airlines Holding, INC.
The name of the issue
United Airlines Holdings, 4.25% 1Oct2022
Currency
US dollar $
Emission volume
400,000,000 USD
The face value of the bond
1000 USD
Indicative market price
$810 USD
Discount
190 USD
Coupon from face value
4.25% p.a
Coupon payout frequency
Due date
Semi-annual pay
1/10/2022
100% liquidity
Yes
Minimum volume
$100,000
Yield to Maturity
12.97% pa - before taking into account all costs
Preferred scenario
20.02% pa - before taking into account all costs
Rating
BB-
Hierarchy of debt
Senior uninsured
You can find the prospectus for the bonds here:
4.25%Senior Notes due 2022 - Prospectus
Management and outlook
Bond price chart
Bond Maturity Spread
Bond summary
The gradual resumption of flights, low fuel prices and reduced costs will bring the company to break-even quickly, which is strong enough information for lenders to compare the bonds at par (+24%). The market has started to realize this fact, so we look forward to comparing bonds to the pre-Covid-19 level. Alternatively, for some time, the profitability of companies in particular, and therefore the share price, will be affected, not the ability to pay liabilities.
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