Delta air lines announces $6.5 bln senior secured notes offering & term loan facility

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.
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