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Delta gets extension on $176 million in equipment debt
By Ted A. Knutson
Washington, March 8 - Delta Airlines, Inc. said it has gotten extensions on $176 million in aircraft-backed debt by exchanging enhanced equipment trust certificates due 2005 for certificates due September 2006 and January 2008.
The Atlanta-based carrier's interest rate on the new and the old certificates is 9.11% The announcement came in a 10-K filing with the Securities and Exchange Commission.
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