06:54 AM EDT, 06/06/2025 (MT Newswires) -- Delta Air Lines ( DAL ) sold $2 billion of the three-year and five-year investment-grade bonds to repay a loan it took from the US government in 2020, Bloomberg News reported Thursday, citing an unnamed person with knowledge of the matter.

The $1.6 billion loan due in 2030 was taken under a program established by the CARES Act, which allowed airlines struggling during the pandemic to borrow money to pay their employees, according to the report.

This was the largest of the three loans Delta received through the Payroll Support Program, Bloomberg said, adding that the remaining loans will mature a year later than the one being refinanced.

Delta did not immediately respond to MT Newswires' request for comment on the matter.

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