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N.W. Air debt to EETC exchange drums up scant interest

Northwest Airlines announced that it had successfully exchanged $59.06 million of its outstanding debt due through 2006 for newly issued Class D EETC notes due April 2009. Northwest expects to have closed $64.4 million of series 2003-1 EETC as of last Friday. Under terms of the exchange, the single-B...

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