Global law firm White & Case LLP has advised Deutsche Lufthansa AG (Lufthansa) on the issuance of fixed rate notes with an aggregate principal amount of €750 million.
The notes, which were admitted to trading on the regulated market of the Luxembourg Stock Exchange, have a 5.7-year term and a fixed interest rate of 4.125% per annum. Lufthansa intends to use an amount equivalent to the net proceeds of the notes for general corporate purposes, including the repayment of existing debt.
The White & Case team in Frankfurt which advised on the transaction included partner Karsten Wöckener, counsel Peter Becker and associates Darleen Stöckl and Domenik Mack. The Lufthansa legal team included Sandra Ziener and Ann-Kathrin Kladt.
