Summary by Moomoo AI
United Airlines Holdings, Inc. (United Airlines) has successfully completed the prepayment of its Term Loan Facility on July 2, 2024. The loan, originally taken on July 2, 2020, was provided by Goldman Sachs Bank USA and other parties, with an aggregate principal amount of $3.0 billion. United Airlines' subsidiary, Mileage Plus Holdings, LLC, and Mileage Plus Intellectual Property Assets, Ltd., were the principal issuers of the loan. The prepayment included the outstanding principal balance of $1.8 billion, along with all accrued interest and fees. This move effectively terminates all commitments under the Term Loan Facility.