Monday, April 30, 2007

S&P raises Delta's ratings on bankruptcy exit

(Reuters) - "Delta's relatively rapid and successful reorganization leaves the airline with lower operating costs, improving revenue generation and a reduced debt load," S&P said in a release.

S&P raised Delta's corporate credit rating seven notches to "B," the fifth highest junk rating, from "D," or default.


Read more at Reuters.com Bonds News

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