Delta plans to follow United with loyalty program-backed debt – Bloomberg
Photographer: Angus Mordant / Bloomberg
Photographer: Angus Mordant / Bloomberg
Delta Air Lines Inc. is preparing to issue new debt backed by itsprospectus program, the latest to use miles to help boost liquidity amid the Covid-19 pandemic.
The airline is expected to market new loans and bonds backed by its SkyMiles loyalty program after the Labor Day holiday in the United States on…