Delta Air Lines, Inc.

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Debt Financing / Related

Delta Air Lines Announces $6.5 Bln Senior Secured Notes Offering & Term Loan Facility

Published: 09/14/2020 11:33 GMT
Delta Air Lines, Inc. (DAL) - Delta Air Lines Announces Proposed Senior Secured Notes Offering and Term Loan Facility by Delta and Skymiles Subsidiary.
Delta Air Lines - Co, Skymiles Ip Ltd Will Be Co-issuers of Notes and Co-borrowers Under New Credit Facility.
Delta Air Lines - Amount of Notes and New Credit Facility is Expected to Be $6.5 Billion.
Delta Air Lines - Skymiles Ip Ltd to Lend Net Proceeds From Notes Offering, Credit Facility to Delta, After Depositing Portion in Reserve Account.
Delta Air Lines - Notes and New Credit Facility Will Be Guaranteed by Certain of Delta's Subsidiaries.