On November 6, 2026, Delta Air Lines completed a public offering of $500 million in aggregate principal amount of its 5.500% Notes due 2029. The unsecured and unsubordinated obligations mature on November 6, 2029, with interest payable semi-annually in arrears beginning May 6, 2027. Delta intends to use a portion of the net proceeds to repay approximately $391 million in borrowings under its Payroll Support Program loan due April 2031, about $70 million of equipment notes secured by aircraft maturing between 2026 and 2033, and roughly $39 million of Class B Pass Through Certificates Series 2020-1 maturing in June 2027. Any remaining proceeds will be used for general corporate purposes. The company operates in the airline industry, providing passenger and cargo transportation services globally.
