NEW YORK, November 8, 2013 – Milbank, Tweed, Hadley & McCloy LLP, led by Global Securities partner Arnold Peinado, acted as special New York counsel to Morgan Stanley and Credit Suisse in connection with a $300 million offering of 6% notes due 2020 by United Continental Holdings, Inc. (“UAL”), which notes are guaranteed by United Airlines, Inc.

UAL expects to use the proceeds of the notes for general corporate purposes.  The notes were offered pursuant to UAL’s shelf registration statement.

This was UAL’s second issuance of high yield notes in 2013.  The company issued $300 million of five year notes in May.

Other Milbank attorneys involved in the offering included Transportation & Space partner Hugh Robertson, Tax partner Andrew Walker, Global Securities associates Kevin MacLeod, Mindy Allen and Kaveh Namazie and Tax associate Erika Hauser.