Reorganized United Parent Debuts on Nasdaq, Offers Investors a little Hope

Shields, Yvette
February 2006
Bond Buyer;2/3/2006, Vol. 355 Issue 32312, p4
Trade Publication
The article reports on the debut of United Airlines' shares on the Nasdaq exchange. Its shares close at $35.89 in regular trading on February 2, 2006. The outcome of the trading shows that the company's value is significantly higher than originally anticipated. Holders of the airline's $1.7 billion revenue bonds are expected to receive a payment in the form of company shares estimated at four to eight cents on the dollar.


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