Delta closes USD2.1 billion of financing transactions

Delta Air Lines announced (28-Sep-2009) it has closed USD2.1 billion of financing transactions, marking a significant step toward addressing the company's 2010 debt maturities and further strengthening its liquidity position. The USD2.1 billion transaction will generate USD600 million in incremental liquidity after refinancing USD1.5 billion from Northwest's bank credit and revolving credit facilities. [more]