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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Delta Air Lines Inc | NYSE:DAL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.02% | 49.87 | 50.24 | 49.18 | 49.76 | 9,982,818 | 00:46:38 |
From Apr 2019 to Apr 2024
By Dave Sebastian
Delta Air Lines Inc. said it has upped its offering with SkyMiles IP Ltd., its loyalty subsidiary, by $2.5 billion to $9 billion, offering a cash infusion amid the depressed air-travel environment during the Covid-19 pandemic.
The company said it expects to issue $2.5 billion in 4.5% senior secured notes due 2025 and $3.5 billion in 4.75% senior secured notes due 2028 on Sept. 23. Delta and SkyMiles also expect to enter a credit agreement for a $3 billion term-loan facility.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
September 17, 2020 08:58 ET (12:58 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Delta Air Lines Chart |
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