3/14/2025 | IG | Market Commentary: High-grade bond pipeline builds after volatility hiccups; Fed spurs front-loaded supply
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2/4/2025 | BKIG | Moody's hikes Delta Air debt
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12/3/2024 | BKHYIG | S&P boosts Delta Air to BBB-
|
7/16/2024 | BKIG | Fitch boosts SkyMiles
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7/16/2024 | BKHYIG | Fitch ups Delta Air to investment grade
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7/11/2024 | BKBWHYIGLM | Delta to repay $4 billion of debt in 2024, $2.1 billion repaid so far
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4/11/2024 | BKBWHYIGLM | Delta lowers debt ratio to 2.9x in Q1 by repaying $700 million debt
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3/12/2024 | BKBWHYIGLM | Delta to keep deleveraging until it reaches investment-grade metrics
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2/12/2024 | BKCVHYIG | Moody’s alters Delta Air view to positive
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1/25/2024 | BKCVHYIG | Fitch changes SkyMiles view to positive
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1/25/2024 | BKCVHYIG | Fitch revises Delta Air view to positive
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8/23/2023 | BKCVHYIG | S&P raises Delta Air Lines
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7/14/2023 | BKBWHYIGLM | Delta cuts debt ratio to 3.2x by repaying $3 billion of debt in 2023
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7/3/2023 | BKBWHYIGLM | Delta aims to cut $4 billion debt, see 2.5x debt ratio in three years
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3/24/2023 | BKCVHYIG | S&P turns Delta Air view to positive
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3/14/2023 | BKBWHYIGLM | Delta continues cutting interest expense through liability management
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3/7/2023 | BKCVHYIG | Fitch changes Delta Air Lines view
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1/18/2023 | BKBWHYIGLM | Delta hopes to be investment-grade by 2024, pays down debt with cash
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12/15/2022 | BKBWHYIGLM | Delta aims for 3.5x leverage in 2023 as it creeps to investment-grade
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10/17/2022 | BKBWHYIGLM | Delta commits to using excess cash generated to reduce Covid-19 debt
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9/28/2022 | BKCVDDEMIGPV | Market Commentary: Verisure prices; junk secondary bounces off lows; crossover names in demand; Citrix jumps
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9/16/2022 | BKCVHYIG | S&P lifts Delta Air Lines’ unsecured notes
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8/1/2022 | IGLM | Delta gives early results in tender offer for up to $1.5 billion notes
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7/18/2022 | IGLM | Delta starts tender offer for up to $1.5 billion notes from four series
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7/13/2022 | BKCVDDEMIGPV | Market Commentary: Secondary junk volatile following CPI data, closes off lows; Delta unchanged post-earnings
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4/13/2022 | BKCVDDEMIGPV | Market Commentary: Oldcastle’s junk deal in focus; secondary tone improves; Delta gains; Rite Aid recovers
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4/13/2022 | BKBWHYIGLM | Delta repays $1.4 billion debt in Q1; debt reduction a ‘top’ priority
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1/13/2022 | BKBWHYIGLM | Delta repays $1 billion, has $1.2 billion more debt due this quarter
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12/17/2021 | BKBWHYIGLM | Delta: High free cash flow to repay debt, de-lever over three years
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10/19/2021 | BKCVHYIG | Moody’s turns Delta Air view to stable
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10/13/2021 | BKBWHYIG | Delta allots $500 million to incremental debt reduction initiatives
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7/29/2021 | IGLM | Delta gives early results of tender offer, opts for early settlement
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7/20/2021 | BKCVHYIG | S&P moves Delta Air view to stable
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7/15/2021 | IGLM | Delta starts tender offer for up to $1 billion from three series
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7/14/2021 | BKBWHYIG | Delta Air uses $11 billion to cut debt, has $17.8 billion liquidity
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6/24/2021 | BKCVHYIG | S&P acts on Delta certificates
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5/12/2021 | BKCVHYIG | S&P ups Delta Air Lines notes
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4/26/2021 | BKCVHYIG | Fitch trims Delta Air certificates
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4/15/2021 | BKBWHYIG | Delta is paying down debt; $3 billion used to cut debt last quarter
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10/13/2020 | BKBWHYIG | Delta aims for high grade balance sheet; pays back $3 billion of debt
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9/18/2020 | BKBWHYIG | Delta pleased with forays into capital markets, aims to pay down debt
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9/17/2020 | BKCVDDEMIGPV | Market Commentary: Primary prices more than $3.5 billion; Delta flies high; Energizer flat; L Brands trades up
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9/16/2020 | HYIG | New Issue: Delta SkyMiles prices $6 billion secured notes in two tranches
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9/16/2020 | HYIG | Delta SkyMiles sets tranches, tightens talk in upsized $6 billion notes offering; pricing Wednesday
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9/15/2020 | IG | Market Commentary: Hyundai, HSBC, Southern Co., UniCredit, CyrusOne, SSA issuers price; NVR taps 3% notes
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9/15/2020 | IG | Market Commentary: Morning Commentary: Southern, Hyundai, CyrusOne, HSBC, International Development eyed
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9/14/2020 | IG | Market Commentary: Coca-Cola, Sumitomo Mitsui, Empower, Chubb, WEC, HollyFrontier, UMB price; IDA offers notes
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9/14/2020 | BKCVHYIG | Moody’s assigns SkyMiles loan, notes Baa1
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9/14/2020 | HYIG | Delta SkyMiles starts telephone roadshow for $4 billion two-part offering of bullet notes
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9/14/2020 | BKCVHYIG | Fitch rates Delta Air notes, loan BBB
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9/14/2020 | HYIG | Delta starts telephone roadshow for $4 billion two-part bullet deal
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9/14/2020 | IG | Market Commentary: Morning Commentary: Front-loaded supply forms; Coca-Cola, Chubb, WEC, UMB on deck
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7/14/2020 | BKCVDDEMIGPV | Market Commentary: Primary brings $1.2 billion; Freeport-McMoRan at par; Boise Cascade positive
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7/14/2020 | BKBWHYIG | Delta boosts liquidity, but revenues decline 91% quarter over quarter
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7/7/2020 | BKCVDDEMIGPV | Market Commentary: Avantor, TripAdvisor price; Diebold, Rattler Midstream on tap; Charter flat; Delta active
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6/24/2020 | BKCVDDEMIGPV | Market Commentary: June pushes to nearly $50 billion with deals from AA, DISH and Minerals; travel sells off
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6/12/2020 | BKCVDDEMIGPV | Market Commentary: Wynn Macao, Grace price; PG&E buzz continues; Delta, Level 3 rebound; Hertz in focus
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6/11/2020 | BKCVDDEMIGPV | Market Commentary: MGM China, Watco price; Wynn Macau on deck; Delta sells off; Level 3 lags; GrubHub gains
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6/10/2020 | IG | Market Commentary: TD, Delta, Florida Gas, Pinnacle, Ares, World Bank tap primary; Fidelis, Amcor on deck
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6/10/2020 | BKCVDDEMIGPV | Market Commentary: Acadia, Level 3, Delta, New Gold price; Hillenbrand, Realogy, BWX up; American Axle lags
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6/10/2020 | HYIG | New Issue: Delta Air Lines prices $1.25 billion 7 3/8% senior notes due January 2026 at 99.986
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6/10/2020 | IG | Market Commentary: Morning Commentary: Toronto-Dominion, Florida Gas, Ares, Pinnacle, Delta eye primary
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6/10/2020 | HYIG | Delta Air Lines driving by with benchmark five-year notes offering; initial talk 8% area
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6/10/2020 | HYIG | Delta Air Lines to price fixed-rate notes via six bookrunners
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5/6/2020 | HYIG | Moody's cuts EETC ratings
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5/4/2020 | BKCVDDEMIGPV | Market Commentary: Kraft Heinz upsizes; NFP prices; Avis on deck; Del Monte trades up; airlines trade off
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4/28/2020 | IG | Fitch acts on Delta EETCs
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4/27/2020 | BKCVDDEMIGPV | Market Commentary: Delta upsizes; Kohl’s at a discount; Jeld-Wen drives by; Tronox flat; US Foods improves
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4/27/2020 | IG | Market Commentary: Supply surges; Air Products, Biogen, Georgia-Pacific, Diageo, Emerson, BlackRock, IDEX price
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4/27/2020 | HYIG | New Issue: Delta prices upsized $3.5 billion five-year bullet at par to yield 7%
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4/27/2020 | IG | Market Commentary: Morning Commentary: High-grade issuers flood primary; Biogen, Emerson, Diageo on deck
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4/27/2020 | HYIG | Delta Air Lines talks $1 billion minimum five-year notes at 6¾%-7%; pricing Monday
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4/24/2020 | IG | Market Commentary: Eli Lilly, Texas Instruments, Fairfax price; Biogen, Delta Air on tap; bank paper improves
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4/23/2020 | BKCVDDEMIGPV | Market Commentary: Nine issuers tap primary; Aramark, GFL Environmental flat
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4/23/2020 | BKHYIG | Moody's assigns Delta Air loan, notes Baa2
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4/23/2020 | BKHYIG | S&P rates Delta Air loan, notes BBB-
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4/23/2020 | BKHYIG | Fitch rates Delta notes BBB-
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4/23/2020 | HYIG | Delta Air Lines offers $1.5 billion split-rated five-year bullet; initial talk 7% area
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4/23/2020 | HYIG | Delta Air Lines to sell $1.5 billion split-rated five-year notes on Thursday; initial talk 7% area
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4/22/2020 | BKHYIG | Delta eyes $1.5 billion five-year notes, $1.5 billion three-year loan
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4/13/2020 | BKHYIG | Fitch cuts airlines
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3/24/2020 | BKCVDDEMIGPV | Market Commentary: Secondary space gains, credit spreads tighten; Ford, Delta eyed; HCA, Tenet Healthcare improve
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3/24/2020 | BKHYIG | S&P trims Delta Air Lines
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3/19/2020 | IG | S&P cuts Adani Abbot Point
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3/19/2020 | BKHYIG | Fitch changes Delta view to negative
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3/17/2020 | BKCVHYIG | Moody’s reviews Delta Air for cut
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3/16/2020 | BKHYIG | S&P puts Delta Air on watch
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3/4/2020 | IG | Market Commentary: High-grade supply soars; Cigna, Edison, John Deere, Delta, eBay, Smucker, World Bank price
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3/4/2020 | IG | New Issue: Delta Air Lines prices $1 billion of pass-through certificates in two tranches
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3/4/2020 | IG | Market Commentary: Morning Commentary: High-grade supply soars; issuers on deck include Berkshire, eBay
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3/4/2020 | HYIG | Delta aims to sell up to $1 billion 2020-1 pass-through certificates
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1/15/2020 | BKCVHYIG | Moody’s shifts Delta Air view to positive
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10/23/2019 | IG | Market Commentary: Fifth Third Bancorp, Reliance Standard price; Zions eyes primary; supply thin week to date
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10/23/2019 | IG | Market Commentary: Morning Commentary: Fifth Third Bancorp offers notes; Zions eyes primary; Delta firms
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10/22/2019 | HYIG | New Issue: Delta Air Lines prices $1.5 billion notes in five-, 10-year tranches
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10/21/2019 | IG | Market Commentary: Delta markets two-part notes; Bank of Montreal, IADB price notes
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10/21/2019 | BKCVHYIG | Moody’s rates Delta Air notes Baa3
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10/21/2019 | BKCVHYIG | Fitch gives Delta Air notes BBB-
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10/21/2019 | BKCVHYIG | S&P rates Delta Air Lines notes BB+
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10/21/2019 | IG | Market Commentary: Morning Commentary: High-grade primary sluggish; Delta Air Lines aims to offer notes
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10/21/2019 | HYIG | Delta Air Lines to conduct sale of fixed-rate notes in two tranches
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10/10/2019 | BKBWIG | Delta eyes new debt to help fund $1.9 billion purchase of Latam stock
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7/11/2019 | BKBWIG | Delta Air Lines has 1.7x leverage ratio, on low end of targeted range
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4/10/2019 | BKBWHYIG | Delta Air continues refinancing high-cost debt, scheduled maturities
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3/6/2019 | IG | Market Commentary: High-grade activity soars Wednesday with nine companies pricing, announcing debt deals
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3/6/2019 | IG | New Issue: Delta Air sells $500 million pass-through certificates in two parts
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3/6/2019 | IG | Market Commentary: Morning Commentary: Investment-grade primary market active; eight bond offerings on tap
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3/6/2019 | HYIG | Delta Air Lines intends to price 2019-1 pass-through certificates
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11/12/2018 | BKCVIG | S&P ups some Delta EETCs
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10/11/2018 | BKBWCVHYIG | Delta Air cuts net debt by $700 million, strengthening balance sheet
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9/10/2018 | BKCVHYIG | S&P affirms Delta Air Lines, ups two EETCs
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7/12/2018 | BKBWIGMU | Delta pays secured debt via $1.6 billion notes, sells tax-exempt bond
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5/4/2018 | BKCVIG | Fitch affirms Delta, certificates
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4/18/2018 | IG | Market Commentary: Goldman sells $5 billion; Guardian Life, European Investment price; Harvest plans calls
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4/18/2018 | IG | Market Commentary: Morning Commentary: European issuers market dollar bond offerings; more bank supply forecast
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4/17/2018 | HYIG | New Issue: Delta Air Lines sells $1.6 billion fixed-rate notes in three tranches
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4/16/2018 | IG | Market Commentary: JPMorgan, Citi price deals; International Development, Japan Finance, DTE to offer notes
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4/16/2018 | BKCVIG | Moody’s rates Delta notes Baa3
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4/16/2018 | BKCVIG | Fitch applies BBB- to Delta notes
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4/16/2018 | BKCVHYIG | S&P gives BB+ to Delta notes
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4/16/2018 | IG | Market Commentary: Morning Commentary: Delta, JPMorgan, International Development on deck; bank supply forecast
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4/16/2018 | HYIG | Delta Air Lines offers four tranches of notes, including one floater
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4/12/2018 | BWIGMU | Delta Air Lines may sell bonds, ‘comfortable’ re current debt status
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11/28/2017 | IG | Market Commentary: Bond supply strong; Synchrony, Delta, Life Storage, Pinnacle price; AXIS, BNG eye deals
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11/28/2017 | BKCVHYIG | Fitch provides BBB- to Delta notes
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11/28/2017 | HYIG | New Issue: Delta Air Lines prices $450 million 2.6% three-year notes at 78 bps over Treasuries
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11/28/2017 | BKCVHYIG | Moody’s assigns Baa3 to Delta notes
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11/28/2017 | BKCVHYIG | S&P gives Delta Air notes BB+
|
11/28/2017 | IG | Market Commentary: Morning Commentary: High-grade primary busy; Life Storage, Delta Air Lines, Buckeye to price
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11/28/2017 | IG | Delta Air Lines in high-grade bond deal pipeline with notes offering
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9/26/2017 | BKCVHYIG | S&P lowers Delta facilities
|
4/12/2017 | BKBWHYIG | Delta note sale drives up interest expense, but boosts free cash flow
|
3/10/2017 | HYIG | New Issue: Delta Air Lines details $2 billion notes in three-, five-year tranches
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3/9/2017 | IG | Market Commentary: Delta, Cintas, Host Hotels, Vulcan Materials, Svensk price; Burlington Northern softens
|
3/9/2017 | HYIG | New Issue: Delta Air Lines prices $2 billion notes in three-, five-year tranches
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3/9/2017 | BKCVHYIG | S&P rates Delta Air Lines notes BB+
|
3/9/2017 | BKCVIG | Fitch gives BBB- to Delta Air Lines notes
|
3/9/2017 | BKCVIG | Moody’s rates Delta Air Lines notes Baa3
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3/9/2017 | IG | Market Commentary: Morning Commentary: Vulcan Materials, Cintas, Host Hotels to price; Burlington Northern slips
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3/9/2017 | HYIG | Delta Air Lines to price offering of fixed-rate notes in two parts
|
1/12/2017 | BWHYIG | Delta Air Lines cuts net debt by $500 million; aims at $4 billion
|
9/2/2016 | BKCVHYIG | S&P changes Delta Air Lines to positive
|
7/14/2016 | BKBWCVHYIG | Delta Air Lines cut net debt during Q2, notes ratings agency upgrades
|
5/31/2016 | BKCVHYIG | Moody’s provides Baa3 to Delta Air
|
5/19/2016 | BKCVHYIG | Fitch upgrades Delta Air Lines
|
4/14/2016 | BKBWCVHYIG | Delta Air Lines expects net debt of less than $6 billion by year’s end
|
2/11/2016 | BKCVHYIG | Moody’s lifts Delta Air Lines, debt
|
1/19/2016 | BKBWCVHYIG | Delta cuts debt by $600 million, targets $4 billion net debt by 2020
|
10/14/2015 | BKBWCVHYIG | Delta Air Lines on track to lower debt to $4 billion by end of 2017
|
9/14/2015 | BKCVHYIG | Fitch raises Delta, bonds; rates facility BBB-
|
8/10/2015 | IG | Market Commentary: Lloyds, Barclays, HSBC price during frenzied primary session; bank paper flat to softer
|
8/10/2015 | IG | New Issue: Delta Air Lines sells upsized $500 million of pass through trust certificates
|
8/10/2015 | BKCVHYIG | Moody’s rates Delta EETCs Aa3, A1
|
8/10/2015 | BKCVHYIG | S&P rates Delta Air Lines loans BBB
|
8/10/2015 | BKCVHYIG | S&P rates Delta Air Lines pass-throughs AA, A+
|
8/10/2015 | IG | Delta Air Lines to price $381,973,000 pass through trust certificates
|
7/23/2015 | BKCVHYIG | S&P lifts Delta Air Lines
|
6/23/2015 | BKCVHYIG | Moody's upgrades Delta
|
12/12/2014 | BKCVHYIG | S&P cuts Delta’s Northwest Airlines
|
11/17/2014 | BKCVHYIG | Moody’s gives Delta loan facility Baa3
|
10/6/2014 | BKCVHYIG | S&P upgrades Delta Air Lines
|
7/2/2014 | BKCVHYIG | Moody’s upgrades Delta Air Lines
|
3/10/2014 | BKCVHYIG | Delta Air Lines eyes $7 billion net debt goal, $700 million of shareholder returns
|
3/3/2014 | BKCVHYIG | Fitch upgrades Delta to BB-
|
1/21/2014 | BKCVHYIG | Delta Air Lines cuts debt by $7.5 billion in four years, continues to return cash to shareholders
|
12/5/2013 | BKCVHYIG | Moody's: Delta view to positive
|
10/22/2013 | BKCVHYIG | Delta Air Lines achieves goal of reducing net debt below $10 billion
|
7/24/2013 | BKCVHYIG | Delta Air Lines ends Q2 with $5.7 billion of liquidity, cuts debt by $7 billion in four years
|
6/27/2013 | BKCVHYIG | Moody's upgrades Delta debt
|
6/18/2013 | IG | Fitch: Delta outlook to positive
|
5/10/2013 | BKCVHYIG | S&P upgrades Delta Air Lines
|
1/22/2013 | BKCVHYIG | Delta reports $5.2 billion of liquidity as it closes in on debt goal
|
10/24/2012 | BKCVHYIGLM | Delta Air Lines paid down $270 million net debt in Q3, moves closer to $10 billion goal
|
10/19/2012 | HYIGLM | Delta Air Lines calls remaining $66.27 million 113/4% second-lien notes
|
10/16/2012 | HYIGLM | Delta Air Lines reports early tender results for 91/2% notes, 113/4% notes
|
10/1/2012 | BKCVHYIG | Moody's: Delta Air Lines loan Ba2
|
7/2/2012 | BKCVHYIG | S&P rates Delta pass-through certs A-, BB
|
6/27/2012 | HYIG | New Issue: Delta prices $479.89 million class A, B pass-through certificates
|
6/27/2012 | IG | Market Commentary: ADT, GE Capital, Markel, QVC, Delta Air tap market as tone holds; Comcast, AT&T issues busy
|
6/27/2012 | BKCVDDHYIG | Moody's: Delta pass-through certs Baa2, Ba3
|
6/25/2012 | IG | Fitch lifts Delta certificates
|
5/30/2012 | BKCVDDHYIG | Moody's cuts Delta EETCs, ups notes
|
5/25/2012 | BKCVHYIG | S&P ups Delta Air to positive
|
5/17/2012 | BKCVHYIG | Delta expects to hit $10 billion net debt goal by next summer
|
5/2/2012 | BKCVHYIG | Moody's says Delta's Trainer purchase is negative
|
10/25/2011 | BKCVHYIG | Delta boasts $5.1 billion liquidity, remains focused on debt reduction
|
7/27/2011 | BKCVHYIG | Delta reduces debt by $700 million in Q2; fuel costs impact results
|
4/26/2011 | BKCVHYIG | Delta reduces debt by $500 million in Q1, faces significant challenges
|
3/30/2011 | IG | New Issue: Delta Air Lines sells $292.75 million 5.3% 2019 pass-throughs at par
|
3/30/2011 | IG | Market Commentary: ADM remarkets; Brandywine, Delta price; Time Warner bonds lose gains; others trade tighter
|
3/22/2011 | BKCVHYIG | Delta likely to require more time to reach deleveraging goal
|
2/7/2011 | HYIG | New Issue: Delta Air Lines sells $134.65 million 63/4% class B pass-throughs due 2015 at par
|
2/7/2011 | HYIG | New Issue: Delta Air Lines sells $100.45 million 6 3/8% class B pass-throughs due 2015 at par
|
1/18/2011 | BKCVHYIG | Delta Air Lines reduces net debt by $2 billion in 2010, targets another $2 billion in 2011
|
12/15/2010 | BKCVHYIGLM | Delta Air Lines cites reduced debt as key factor in better performance
|
11/19/2010 | IG | S&P: Delta certificates A-
|
11/17/2010 | IG | Market Commentary: Lowe's, Genworth, Dun & Bradstreet, Continental get deals done; bank, financial paper firms
|
11/15/2010 | IG | New Issue: Delta Air Lines prices $474.07 million pass-through certificates at par to yield 4.95%
|
11/15/2010 | IG | Market Commentary: Prudential Financial, P&G, Pacific Gas, Delta sell; tone stays weak; Sprint paper widens
|
9/13/2010 | HYIGLM | Delta completes early tender for passthrough certificates, 113/4% notes
|
8/25/2010 | HYIGLM | Delta begins tender offers for passthrough certificates, 113/4% notes
|
7/13/2010 | HYIG | Fitch: Outlook stable for Delta certificates
|
7/1/2010 | IG | Market Commentary: Denmark's Arbejdernes sells floaters; primary awaits volatility to diminish; Wal-Mart up
|
6/28/2010 | IG | New Issue: Delta Air Lines prices $450 million 6.2% class A pass-throughs due 2018 at par
|
6/28/2010 | IG | Market Commentary: Delta Air Lines sells pass-throughs; light supply seen for week; Penn stronger in secondary
|
11/19/2009 | IG | Market Commentary: Harley-Davidson, Oaktree price, TD Ameritrade plans two tranches; spreads ease; Cisco active
|
11/19/2009 | HYIG | New Issue: Delta Air Lines sells $688.74 million class A, class B pass-through certificates
|
11/18/2009 | HYIG | Delta Air Lines plans to sell $688.74 million class A, B pass-through certificates
|
11/18/2009 | IG | Market Commentary: Barclays, Fortune Brands, Commonwealth Bank among day's sellers; Fortune, Republic trade well
|
6/26/2009 | HYIG | Fitch puts Delta certificates on watch
|
10/31/2008 | IG | Fitch affirms Delta passthrough certs
|
6/18/2008 | BKCVHYIG | Delta looking for cash-raising opportunities available after completion of Northwest merger
|
5/22/2008 | BKCVHYIG | S&P may downgrade several airlines
|
10/4/2007 | IG | New Issue: Delta prices $1.4 billion pass-through certificates in two high-grade, one high-yield tranche
|
10/4/2007 | IG | Market Commentary: Delta, TIAA price new issues in 'ideal' market conditions; spreads continue to tighten
|
10/3/2007 | IG | Fitch to rate Delta pass-through certs AAA
|
10/3/2007 | IG | Delta Air Lines marketing $1.189 billion of enhanced equipment certificates
|
10/3/2007 | IG | Market Commentary: Lincoln National, Georgia Power, Clorox, Florida Power sell deals; few issues expected Thursday
|
10/3/2007 | BKHYIG | Moody's rates Delta pass-through certs Baa1, Ba2, B1
|
10/3/2007 | BKHYIG | S&P rates Delta pass-through certs A-, BBB-, B
|