Junk-rated United Airlines backs $1B Houston airport bond

<source type="image/webp" width="740" height="437" data-image-size="articleImage" srcset="https://arizent.brightspotcdn.com/dims4/default/62330f0/2147483647/strip/true/crop/3000x1772+0+0/resize/586x346!/format/webp/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 586w,https://arizent.brightspotcdn.com/dims4/default/2d8365f/2147483647/strip/true/crop/3000x1772+0+0/resize/768x454!/format/webp/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 768w,https://arizent.brightspotcdn.com/dims4/default/3d38bd9/2147483647/strip/true/crop/3000x1772+0+0/resize/1024x605!/format/webp/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 1024w"/> <img class="Image" data-image-size="articleImage" alt="United Airlines planes at Houston’s George Bush Intercontinental Airport." srcset="https://arizent.brightspotcdn.com/dims4/default/1285b91/2147483647/strip/true/crop/3000x1772+0+0/resize/586x346!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 586w,https://arizent.brightspotcdn.com/dims4/default/7b182d5/2147483647/strip/true/crop/3000x1772+0+0/resize/768x454!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 768w,https://arizent.brightspotcdn.com/dims4/default/c6a9849/2147483647/strip/true/crop/3000x1772+0+0/resize/1024x605!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg 1024w" width="740" height="437" src="https://arizent.brightspotcdn.com/dims4/default/b3084f4/2147483647/strip/true/crop/3000x1772+0+0/resize/740x437!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F3f%2Fb6%2F1fd2a43e48a1b9acff6bcb89d98c%2Fhouston-airport-united-jet.jpg"/> United Airlines planes at Houston’s George Bush Intercontinental Airport. The city will sell its biggest-ever special facilities revenue bond issue with $1 billion of debt guaranteed by United. Houston Airport System

Houston will sell its biggest special facilities revenue bond issue this week with a $1 billion deal backed by junk-rated United Airlines to fund terminal projects at George Bush Intercontinental Airport.

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