bonds

Eric Kulisch Wednesday, October 23, 2019

Delta borrowing $1.5 billion to pay for LATAM Airlines stake

Delta Air Lines [NYSE: DAL] is selling $1.5 billion worth of bonds to help pay for its 20% stake in South American carrier LATAM Airlines, according to a prospectus filed with the Securities and Exchange Commission Wednesday afternoon. The Atlanta-based airline announced its intent four weeks ago to form a joint venture with LATAM to […]

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