8-KThe WireStrategic
Agreement Terminated
Filed Jul 2, 2024 · 2y ago · Accession 0001104659-24-077376
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): July 2, 2024
UNITED AIRLINES HOLDINGS, INC.
UNITED
AIRLINES, INC.
(Exact name of registrant as specified
in its charter)
Delaware
001-06033
36-2675207
Delaware
001-10323
74-2099724
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
Identification Number)
233 S. Wacker Drive , Chicago , IL
60606
233 S. Wacker Drive , Chicago , IL
60606
(Address of principal executive offices)
(Zip Code)
( 872 ) 825-4000
( 872 ) 825-4000
Registrant’s telephone
number, including area code
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act.
Registrant
Title of each class
Trading
Symbol
Name of each exchange
on which registered
United Airlines Holdings, Inc.
Common Stock, $0.01 par value
UAL
The Nasdaq Stock Market LLC
United Airlines Holdings, Inc.
Preferred Stock Purchase Rights
None
The Nasdaq Stock Market LLC
United Airlines, Inc.
None
None
None
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. o
true
Co-Registrant CIK
0000319687
Co-Registrant Amendment Flag
false
Co-Registrant Form Type
8-K
Co-Registrant DocumentPeriodEndDate
2024-07-02
Co-Registrant Written Communications
false
Co-Registrant Solicitating Materials
false
Co-Registrant PreCommencement Tender Offer
false
Co-Registrant PreCommencement Issuer Tender Offer
false
Co-Registrant Entity Emerging Growth Company
false
Item 1.02 Termination of a Material Definitive Agreement.
On July 2, 2020, Mileage Plus Holdings, LLC (“MPH”),
a direct wholly owned subsidiary of United Airlines, Inc. (“United”), Mileage Plus Intellectual Property Assets, Ltd.,
an indirect wholly owned subsidiary of MPH (“MIPA” and, together with MPH, the “Issuers”), each subsidiary of
MPH, United, United’s parent company, United Airlines Holdings, Inc. (“UAL”), and certain subsidiaries of UAL entered
into a credit agreement with Goldman Sachs Bank USA, as administrative agent, the lenders party thereto, the lead arrangers named therein
and Wilmington Trust, National Association, as collateral administrator, which provided for a term loan facility in an aggregate principal
amount of up to $3.0 billion (the “Term Loan Facility”). On July 2, 2020, the Issuers borrowed $3.0 billion in aggregate
principal amount under the Term Loan Facility, the proceeds of which MIPA and MPH lent to United, after depositing a portion of such proceeds
in a reserve account to cover future interest payments.
On July 2, 2024, the Issuers voluntarily prepaid in full the outstanding
principal balance of the Term Loan Facility, which was $1.8 billion, and all accrued and unpaid interest and fees under the Term Loan
Facility and terminated all commitments thereunder.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNITED AIRLINES HOLDINGS, INC.
UNITED AIRLINES, INC.
By:
/s/ Michael Leskinen
Name:
Michael Leskinen
Title:
Executive Vice President and Chief Financial Officer
Date: July 2, 2024
Filing details
- Ticker
- UAL
- CIK
- 100517
- Form type
- 8-K
- Filing date
- Jul 2, 2024
- Report date
- Jul 2, 2024
- Document
- tm2418738d1_8k.htm
- Size
- 272 KB