Delta Air Lines (DAL) FWPFree writing prospectus
Filed: 28 Jun 10, 12:00am
Securities: | Pass Through Certificates, Series 2010-1A | |
(the “Certificates”) | ||
Amount: | $450,000,000 | |
Ratings: | ||
Moody’s | Baa2 | |
Standard & Poor’s | A- | |
Public Offering Price: | 100% | |
CUSIP: | 24736V AA0 | |
ISIN: | US24736VAA08 | |
Coupon/Stated Interest Rate: | 6.20% | |
Make-Whole Spread over Treasuries: | 50 bps | |
Amount Available under the Class A Liquidity Facility at January 2, 20111: | $41,360,026 | |
Initial “Maximum Commitment” under the Class A Liquidity Facility: | $41,850,000 | |
Underwriters’ Purchase Commitments: | ||
Goldman, Sachs & Co.: | $168,750,000 | |
Credit Suisse Securities (USA) LLC: | $168,750,000 | |
Citigroup Global Markets Inc.: | $39,375,000 | |
Deutsche Bank Securities Inc.: | $39,375,000 | |
Banc of America Securities LLC: | $33,750,000 | |
Underwriting Commission: | $5,625,000 | |
Concession to Selling Group Members: | 0.50% | |
Discount to Broker/Dealers: | 0.25% | |
Underwriting Agreement: | June 28, 2010 | |
Settlement: | July 2, 2010 (T+4) closing date, the 4th business day following the date hereof. |
1 | The first Regular Distribution Date to occur after the Outside Termination Date, which is the last date that all Aircraft may be subjected to the financing of this offering. |
Preliminary Prospectus Supplement: | Delta has prepared and filed with the SEC a Preliminary Prospectus Supplement, dated June 28, 2010, which includes additional information regarding the Certificates. |