{"id":57457,"date":"2025-11-20T09:02:22","date_gmt":"2025-11-20T09:02:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/57457\/"},"modified":"2025-11-20T09:02:22","modified_gmt":"2025-11-20T09:02:22","slug":"united-pulls-248-million-junk-muni-debt-for-houston-airport","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/57457\/","title":{"rendered":"United Pulls $248 Million Junk Muni Debt for Houston Airport"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/1281118D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">United Airlines Inc.<\/a> shelved two municipal bond issues as the volatility hitting other asset classes makes a rare appearance in the state and local government debt market. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The airline had tried to tap muni investors to finance facilities at George Bush Intercontinental Airport in Houston. An issue for $102.8 million was expected to finance a portion of the design and construction of a ground services equipment facility and a separate $145.6 million series go toward a new catering center, according to offering documents. The bonds were high yield, carrying a BB+ rating from S&amp;P Global Ratings. <\/p>\n","protected":false},"excerpt":{"rendered":"United Airlines Inc. shelved two municipal bond issues as the volatility hitting other asset classes makes a rare&hellip;\n","protected":false},"author":2,"featured_media":57458,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[31,31088,22699,1494,10926,8118,406,56,58,57,19852,14069,31087,6709],"class_list":["post-57457","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-airlines","tag-bank-of-america-corp","tag-bonds","tag-construction","tag-debt","tag-design","tag-government","tag-houston","tag-houston-headlines","tag-houston-news","tag-industries","tag-interest-rates","tag-junk-bonds","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/57457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=57457"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/57457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/57458"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=57457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=57457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=57457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}