secwatch.observer — SEC 8-K summary
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Issuer:     DELTA AIR LINES, INC. (DAL)
CIK:        0000027904
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001683168-23-007623
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Delta issues $877.9M in special facilities bonds for LaGuardia redevelopment
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- NYTDC issued $877,855,000 Series 2023 bonds; Delta is obligated to pay debt service and guaranteed the bonds.
- Bonds split: $428.1M at 6.000% due 2035; $449.8M at 5.625% due 2040.
- Proceeds finance LaGuardia Terminals C&D redevelopment, pay interest, and issuance costs.
- Obligations secured by mortgages on Delta's lease from Port Authority.
- Optional redemption after April 1, 2031 at par; mandatory sinking fund redemptions apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27904/000168316823007623/0001683168-23-007623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27904/000168316823007623/delta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007623

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