Public Event Detail
Delta Air Lines Refinances With $2.65 Billion Revolving Credit Facility Led by JPMorgan
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
Historical observations only. No forecasts, recommendations, buy/sell ratings, or portfolio advice.
2026-06-12JPMJPMorgan ChaseAlpha Vantage Newscommodity_exposure
Event summary
Delta Air Lines (DAL) has entered a new credit agreement to refinance its 2023 facility and support general corporate purposes. The $2.65 billion revolving facility includes three-year and five-year tranches, with an accordion up to $3.65 billion, and was undrawn at closing. JPMorgan Chase Bank is the counterparty, and the agreement includes customary covenants like minimum fixed charge and asset coverage ratios of 1.25x.
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