United to Pay Off Chunk of O'Hare Debt

Shields, Yvette
September 2004
Bond Buyer;9/20/2004, Vol. 349 Issue 31972, p1
Trade Publication
Reports on the tentative settlement agreement between United Airlines Inc. and the four trustees of O'Hare International Airport in Chicago, Illinois. Involvement of a payment of a substantial amount of debt in the deal; Impact of the agreement on the elevation of the bonds to the ranks of secured status; Bid of the United Airlines to let the judge declare an unenforceable cross-default provisions in the actual ground lease.


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