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Delta Air Lines, Inc.
DAL
today announced the results, as of the early tender deadline of 5:00 P.M.,
Eastern Time, on October 15, 2012, of its previously announced tender offers
and consent solicitation for its 9½% Senior Secured Notes due 2014 and its
11¾% Senior Second Lien Notes due 2015.
As of the early tender deadline, Delta received valid tenders and consents
from holders of $405.6 million in aggregate principal amount of 9½% Notes,
representing 67.6% of the outstanding aggregate principal amount of 9½% Notes,
and $239.9 million in aggregate principal amount of 11¾% Notes, representing
78.4% of the outstanding aggregate principal amount of 11¾% Notes. Delta
expects to accept for purchase all 9½% Notes and 11¾% Notes validly tendered
and not withdrawn prior to the early tender deadline (and all related
consents) on October 18, 2012 (the "initial payment date").
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