达美也要学美联航用常旅客计划来抵押贷款了.美国的航空公司里程真的那么值钱？居然是Investment Grade
Delta Air Lines Inc. is preparing to issue new debt backed by its frequent-flyer program, the latest to use miles to help boost liquidity amid the Covid-19 pandemic.
The deal would follow United Airlines Holdings Inc.’s issuance of $6.8 billion in new borrowings secured by its MileagePlus program in June, a deal it upsized from $5 billion amid robust investor demand. The package of bonds and a loan was rated investment-grade by Moody’s Investors Service and Fitch Ratings despite the company’s overall junk rating.
Delta Air Lines Inc. is preparing to issue new debt backed by its frequent-flyer program, the latest to use miles to help boost liquidity amid the Covid-19 pandemic.
The deal would follow United Airlines Holdings Inc.’s issuance of $6.8 billion in new borrowings secured by its MileagePlus program in June, a deal it upsized from $5 billion amid robust investor demand. The package of bonds and a loan was rated investment-grade by Moody’s Investors Service and Fitch Ratings despite the company’s overall junk rating.