United Airlines’ $1 Billion Junk Muni Deal Offers a Bond Bargain – Bloomberg

United Airlines recently struck a deal to issue $1 billion in junk municipal bonds. This move presents a promising opportunity for investors looking for a bond bargain. The airline company’s decision to issue these bonds comes as part of its effort to secure additional funding amid the ongoing challenges faced by the aviation industry. The bonds are considered “junk” due to their lower credit ratings, but they offer higher yields compared to investment-grade bonds. This makes them an attractive option for investors seeking higher returns. Overall, United Airlines’ $1 billion junk muni deal presents a potential opportunity for investors looking to capitalize on the current market conditions.