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| DAL > SEC Filings for DAL > Form 8-K on 28-Sep-2012 | All Recent SEC Filings |
28-Sep-2012
Regulation FD Disclosure
Delta Air Lines, Inc. ("Delta") today invited banking institutions to a meeting to be held on Monday, October 1, 2012 regarding Delta's new proposed senior secured credit facilities. The credit facilities are part of Delta's plan to refinance its existing Pacific Routes Senior Secured Credit Facilities and Pacific Routes Senior Secured Notes,which is expected to comprise the following:
· $1,700 million First Lien Senior Secured Credit Facilities (the "Facilities"), including:
o $450 million Revolving Credit Facility (5.0 year maturity), which will be unfunded at close
o $1,000 million Term Loan B-1 (6.0 year maturity)
o $250 million Term Loan B-2 (3.5 year maturity)
· $250 million other debt financing
The Facilities and other debt financing will be secured on a senior basis by security interests granted on certain route system assets of the borrower substantially similar to those of the existing indebtedness being refinanced by the Facilities and other debt financing.
In accordance with general instruction B.2 of Form 8-K, the information in this report (including the exhibits) that is being furnished pursuant to Item 7.01 of Form 8-K shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act, as amended, or otherwise subject to liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth in such filing. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.
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