12:33 PM EDT, 06/05/2025 (MT Newswires) -- Delta Air Lines ( DAL ) is looking to sell three-year and five-year investment-grade bonds Thursday, Bloomberg reported, citing a person with knowledge of the deal.

Initial price talk for the five-year notes are around 1.6 percentage point above Treasuries, the person reportedly said.

The bonds will help the company repay the $1.6 billion loan due 2030 that the company borrowed from the US government during the pandemic to pay staff, the report said.

Delta didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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