Thread: Nasdaq - UAUA
View Single Post
Old 01-24-2006, 02:04 PM
  #2  
LDmax
Guest
 
Posts: n/a
Default

A quote from UA's internal communications (from Tilton):

"...The $3 billion loan facility, that will finance our emergence as a publicly traded company and provide the flexibility that we need financially, has received an overwhelmingly positive response from a wide range of institutional lenders.

JPMorgan Chase, Citigroup and GE Capital put our loan out for syndication and received early commitments for nearly $7 billion – more than twice the amount we were seeking..."

Looks like there might be a short term demand for United Stock.