Lufthansa Group successfully issued bond with investment grade ratings

- Corporate bond of 750 million euros issued - Favorable financing terms based on investment grade ratings by all leading rating agencies - Corporate bond with a tenor of six years complements Lufthansa Group’s maturity profile

Deutsche Lufthansa AG successfully issued an unsecured Euro bond with a volume of 750 million euros. Yesterday, 13 May, the bond with a tenor of six years was oversubscribed by more than three times following successful investor calls last Friday. The bond has a denomination of 1,000 euros, a coupon of 4.000 per cent per annum and matures on 21 May 2030.

Dr. Michael Niggemann, Chief Officer Human Resources & Infrastructure and interim Chief Financial Officer of Lufthansa Group says: “Deutsche Lufthansa AG is the only network airline in Europe with investment grade ratings by all leading rating agencies – Standard & Poor’s, Moody’s, Fitch und Scope. Based on that, we were able to issue this corporate bond at favorable terms. The tenor of six years complements our maturity profile perfectly. The great success of this transaction underlines the confidence of the capital market in our company and confirms our access to various favorable financing instruments. The proceeds will primarily be used to refinance maturing financial liabilities”.