Delta Airlines and Burnham Sterling Close $450 Million in Private Placements, Reaching Over $1 Billion in Total Transactions

Burnham Sterling & Co. LLC (Burnham Sterling), a financial advisor specializing in asset financing, announced that it closed a $450 million private placement for Delta Air Lines Burnham Sterling and affiliates have now financed 48 mainline aircraft and raised over $1 billion in private placement transactions directly for Delta Air Lines. “This is our third time working with Burnham Sterling, demonstrating our faith in their ability to execute complex private placements quickly and efficiently,” said Andy Nelson, Assistant Treasurer of Delta Air Lines. “We were pleased that three-quarters of the capital raised was provided by seven new investors introduced by