Continental Airlines announced the sale of $1.15 billion worth of pass-through certificates, issued in three separate series, that will be used to finance its purchase of 30 737-800s and 737-900ERs scheduled for delivery in the January 2008-March 2009 timeframe. The proceeds initially will be held in escrow by an unidentified depository institution. The escrowed funds will be used to acquire equipment notes issued by CO to finance the aircraft. The three classes have coupons of 5.983%, ...

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