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Agreement Terminated

Filed Jul 2, 2024 · 2y ago · Accession 0001104659-24-077376

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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