Lufthansa’s €1.5 Billion Bonds Issuance

White & Case has advised Deutsche Lufthansa on the deal.

Deutsche Lufthansa Aktiengesellschaft executed the issuance in two tranches of notes with a principal amount of €1.5 billion.

The first tranche has a principal amount of €600 million, a two-year term and a fixed coupon of 1.625%. The second tranche has a principal amount of €900 million, a five and-a-half year term and a fixed coupon of 2.875%. The notes of both tranches were admitted to trading on the regulated market of the Luxembourg Stock Exchange.

The Lufthansa Group is an aviation group with operations worldwide. With 110,065 employees, the Lufthansa Group generated revenue of EUR 13,589m in the financial year 2020. 

The White & Case team in Frankfurt that advised on the transaction was led by partner Karsten Wöckener (Picture) and included partners Rebecca Emory and Thilo Diehl, local partners Cristina Freudenberger and Peter Becker and associates Philipp Kronenbitter and Florian Fraunhofer.

Involved fees earner: Peter Becker – White & Case; Thilo Diehl – White & Case; Rebecca Emory – White & Case; Florian Fraunhofer – White & Case; Cristina Freudenberger – White & Case; Philipp Kronenbitter – White & Case; Karsten Wöckener – White & Case;

Law Firms: White & Case;

Clients: Lufthansa;