-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ahmxvp99aTAMkixqSulXL+Vv7BDgQ+k6cEV81cvIh7O6xyDYayNwIuNXIJV6cXAY gk4HknQpHicGNqHZc1K+7w== 0000950144-99-002268.txt : 19990301 0000950144-99-002268.hdr.sgml : 19990301 ACCESSION NUMBER: 0000950144-99-002268 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELTA AIR LINES INC /DE/ CENTRAL INDEX KEY: 0000027904 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 580218548 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-58647 FILM NUMBER: 99552333 BUSINESS ADDRESS: STREET 1: HARTSFIELD ATLANTA INTL AIRPORT STREET 2: 1030 DELTA BLVD CITY: ATLANTA STATE: GA ZIP: 30320-6001 BUSINESS PHONE: 4047152600 MAIL ADDRESS: STREET 1: 1030 DELTA BLVD STREET 2: DEPT 971 CITY: ATLANTA STATE: GA ZIP: 30320-6001 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR CORP DATE OF NAME CHANGE: 19660908 424B3 1 DELTA AIR LINES, INC. 1 Pricing Supplement No. 1 Filing under Rule 424(b)(3) Dated: February 25, 1999 Registration Statement No. 333-58647 (To Prospectus dated July 20, 1998 CUSIP No. 24736Q BQ 5 and Prospectus Supplement dated January 8, 1999) DELTA AIR LINES, INC. Medium-Term Notes, Series C If applicable, the "Total Amount of OID," "Yield to Maturity" and "Initial Accrual Period OID" (computed under the approximate method) below will be computed solely for the purposes of applying the Federal Income Tax Original Issue Discount ("OID") Rules. Type of Note: Public Offering Price (as a percentage of X Fixed Rate Note principal amount): 99.924% --- Selling Agent's commission (%): N/A Floating Rate Note Purchasing Agent's discount or --- commission (%): 0.50% Form of Note: Net proceeds to the Company (%): 99.424% X Book Entry Note Redemption: --- Redemption Redemption Certificated Note Period(s) Price(s) --- ----------- ---------- Name of Depositary (if N/A N/A other than DTC): N/A Principal Sum: $300,000,000 Capacity in which Agent is acting: Agent Settlement date (Original --- Issue Date): March 2, 1999 X Principal Stated Maturity: March 15, 2004 --- Interest Payment Date(s): March 15 and September 15, commencing September 15, 1999 Defeasance: Regular Record Date(s): March 1 and December 1 X Note defeasance --- Total Amount of OID: N/A X Covenant defeasance --- Initial Accrual of OID: N/A Yield to Maturity: N/A Initial Accrual Period OID: N/A Interest Rate: 6.65%
Subject to the terms and conditions set forth in the Distribution Agreement and the Terms Agreement relating to the Notes, the Company has agreed to sell to each of the Agents named below, acting as principals, and each such Agent has severally agreed to purchase, the principal amount of Notes set forth opposite its name below:
Principal Agent Amount of Notes - ----- --------------- Salomon Smith Barney Inc. $100,000,000 Goldman, Sachs & Co. 100,000,000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 100,000,000 ------------ Total $300,000,000
Under the terms and conditions of the Distribution Agreement and the Terms Agreement relating to the Notes, the Agents are committed to take and pay for all of the Notes, if any are taken. The Company has been advised by the Agents that the Agents propose initially to offer the Notes to the public at the public offering price for the Notes set forth in this Pricing Supplement, and to certain dealers at such price less a concession not in excess of .35% of the principal amount of the Notes. The Agents may allow and such dealers may reallow a discount not in excess of .25% of the principal amount of the Notes to certain other dealers. If all of the Notes are not sold in the initial public offering, the Agents may change the initial public offering price and other selling terms. PS-1 2 As of the date of this Pricing Supplement, the aggregate principal amount of Debt Securities (as defined in the Prospectus) which have been sold (including the Notes to which this Pricing Supplement relates) is $300,000,000. "N/A" as used herein means "Not Applicable." Salomon Smith Barney Goldman, Sachs & Co. Merrill Lynch & Co. PS-2
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