Americas

Delta Air Lines buys back $1.5bn outstanding notes

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Delta Air Lines buys back $1.5bn outstanding notes

Delta Air Lines commenced an offer to purchase for cash $1.5 billion of its outstanding notes: 7.000% senior secured notes due 2025, 7.375% notes due 2026, and 4.500% senior secured notes due 2025, co-issued by Delta with SkyMiles IP Ltd.; and 3.800% notes due 2023. Delta has engaged BofA Securities...

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