United Airlines (UAL) Announces Proposed 39.25 Million Share Public Offering of Common Stock
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UAL Announces Proposed Public Offering of Common Stock
April 21, 2020 4:42 PM EDTCHICAGO, April 21, 2020 /PRNewswire/ --Â United Airlines Holdings, Inc. (NASDAQ: UAL) today announced an underwritten public offering of 39,250,000 shares of its common stock, subject to market conditions and other factors. Morgan Stanley and Barclays are acting as the underwriters of the offering. The Company has also granted to the underwriters a 30-day option to purchase up to 3,925,000 additional shares. The proceeds from the offering will be used for general corporate purposes.
A registration statement (including prospectus) relating to these securities was filed with the Securities and Exchange Commission (the "SEC") and... More
