(Bloomberg) — Delta Air Lines Inc. is seeking to raise $3 billion from loans and bonds as it grapples with a global travel shutdown caused by the coronavirus pandemic.The company is offering five-year bonds to investors at a yield of about 7%, according to people familiar with the matter. Delta is also seeking a term loan under the plan, and the financing would be evenly split between the two, the company said late Wednesday.The debt will be secured by collateral including domestic slots at New York airports and those at Heathrow in London as well as other European and Latin …read more
Source:: Yahoo Finance
