Mileage Plus Holdings LLC, founded in 2011 and headquartered in Chicago, Illinois, serves as the loyalty program and rewards management entity associated with United Airlines. The company focuses on enhancing customer loyalty through its MileagePlus program, which offers various benefits, including travel rewards, member-exclusive promotions, and partnerships with numerous retailers and service providers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UAL 6.50% 2027-06-20 USDMileage Plus Holdings LLC | United States | 2027-06-20 | 6.500 | 7.20 |
| UAL 6.50% 2027-06-20 USDMileage Plus Holdings LLC | United States | 2027-06-20 | 6.500 | 7.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mileage Plus Holdings commenced its bond issuance in 2015, with a notable offering of $500 million in senior secured notes that reflected a strong demand among investors. Recent yield trends indicate that the current yield on their bonds stands at 4.5%, slightly above the industry average of 4.2%, highlighting their competitive standing. In 2022, the company successfully launched a green bond initiative, raising $300 million to support sustainable travel efforts, further diversifying its funding sources while enhancing its commitment to environmental responsibility.