Business & Finance

Reuters exclusively reports Lufthansa is aiming for 3 billion euro capital increase to repay bailout

Reuters exclusively reported that Lufthansa is working with Deutsche Bank and Bank of America to sound out investors about a capital increase worth roughly 3 billion euros. The final size and timing of the rights issue to repay state aid Lufthansa received during the pandemic will be subject to market conditions and the German airline is expected to opt for a June/July or September/October window, sources told Reuters.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & Defence
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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