Free Trial

Air Finance Journal
Search advanced search
Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Delta closes $2.1 billion financing transaction

30 September 2009

The financing will help meet the company’s 2010 debt maturities and bolster its liquidity

Read more: Delta Air Lines Northwest Citi JP Morgan UBS Morgan Stanley Goldman Sachs

Delta Air Lines has bolstered its liquidity position by closing a $2.1 billion financing transaction.

The financing was arranged by the airline’s banks - Barclays Capital, Citibank, Deutsche Bank,...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

Upcoming Events