For the second time this year, Deutsche Lufthansa AG has placed a large-volume promissory note. The note was issued with maturities of five, seven and ten years. As a result, the group has secured a total of 1.2 billion euros in funding. Approximately half a billion euros of this amount has already been paid out in December 2016; Lufthansa will receive the remaining funds in January 2017.
The funds will be used for general corporate purposes.
With over 180 investors, the transaction proved very popular with a wide range of investors. In addition to investors from the sector of savings banks, credit unions and other European banks, a significant share was bought by Asian investors. This is yet another demonstration of the great confidence that Lufthansa enjoys as a debtor in international financial markets.
Lufthansa has a rating of BBB- (negative outlook) from S&P, BBB- (stable outlook) from Scope and Ba1 (positive outlook) from Moody’s. The issue was arranged by DZ Bank AG, Landesbank Baden-Württemberg and Landesbank Hessen-Thüringen Girozentrale.
GOL Linhas Aéreas launched new nonstop service between Rio de Janeiro (GIG) and New York (JFK), marking the airline's first long-haul international route. The service began with inaugu...
Rotortrade is strengthening its support capabilities in East Africa through a cooperation with Helicopters International Ltd (“Helint”), an established helicopter maintenance and support p...
General Atomics AeroTec Systems will showcase the brand-new Do228 NXT Demonstrator aircraft at the Farnborough International Airshow (July 20–24, 2026) in Great Britain, marking the aircraft'...
Horizon Aircraft has selected BETA Technologies to supply its advanced flight control computers on the Company’s full-scale hybrid-electric VTOL aircraft, the Cavorite X7. Through this...
