United Air Is Said to Ready $5 Billion Debt Sale for Next Week
- Banks could launch the underwritten deal as early as Monday
- Early price discussions for bond are for a yield of about 7%
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A group of banks led by Goldman Sachs Group Inc. may launch a $5 billion debt offering for United Airlines Holdings Inc. as soon as Monday, according to people with knowledge of the matter.
Goldman Sachs has started discussions with investors to gauge their level of interest, said the people, who asked not to be named because the talks are private. Early unofficial pricing discussions for a bond that could have a maturity of seven or eight years are for a yield of about 7%, the people said.