Delta Airlines, Burnham Sterling reach over USD1.0bn total transactions

Burnham Sterling & Co. LLC, a financial advisor specializing in asset financing, has closed a USD450 million private placement for Delta Air Lines (NYSE: DAL), the company said.

Burnham Sterling and affiliates have now financed 48 mainline aircraft and raised over USD1.0 billion in private placement transactions directly for Delta Air Lines.

Burnham Sterling is a specialized financial advisor and an affiliate of Burnham Sterling Securities LLC, an investment bank focused on transportation, leasing, real estate and project finance.