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World News Story: Delta to Borrow $9 Billion in Largest Airline Debt Deal Ever

Delta Air Lines Inc. is raising $9 billion in the industry’s largest debt deal ever, tapping into investors’ rampant demand for yield while seeking to survive a slowdown that’s causing it to burn through $27 million a day.


Posted: 2020-09-16 16:42:08

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World News Story: Delta to Borrow $9 Billion in Largest Airline Debt Deal Ever | Newsmax Live Newscast | RobinsPost News Network - Newscast

Delta raises $9bn in largest ever debt deal

Wed, 23 Sep 2020 23:30:00 GMT

Delta Air Lines (DL, Atlanta Hartsfield Jackson) raised at least USD9 billion in what is reported to be the largest ever debt deal for a commercial airliner. The financing transaction - secured by ...

Delta Upsizes Loyalty Program-Backed Debt Deal To $9B

Sun, 20 Sep 2020 03:52:00 GMT

Delta Air Lines has upsized its previously announced $6.5 billion private debt offering backed by its SkyMiles program to $9 billion due to strong demand as cited by Bloomberg. The offering marks the ...

Delta Borrows $9 Billion in Largest Airline Debt Sale Ever

Wed, 16 Sep 2020 17:36:00 GMT

Delta Air Lines Inc. raised $9 billion in the industry’s largest debt sale ever, tapping into investors’ rampant demand for yield while seeking to survive a slowdown that’s causing it to burn through ...

Delta Raises Bond Sale to $9 Billion, Largest Debt Offering in Airline History

Wed, 16 Sep 2020 16:22:00 GMT

Delta Air Lines (NYSE:DAL) has increased the size of a planned debt offering to $9 billion, up from $6.5 billion, due to strong demand for the new debt, Bloomberg reported today. That would be the ...

Delta Borrows $9 Billion in Largest Airline Debt Sale Ever

Wed, 16 Sep 2020 14:37:00 GMT

(Bloomberg) -- Delta Air Lines Inc. raised $9 billion in the industry’s largest debt sale ever, tapping into investors ... That allowed Delta to boost the size of the deal from an original $6.5 ...

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