{"id":386060,"date":"2020-11-25T10:35:31","date_gmt":"2020-11-25T05:05:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386060"},"modified":"2020-11-25T10:35:31","modified_gmt":"2020-11-25T05:05:31","slug":"lufthansa-to-raise-1-2-billion-from-junk-bond-markets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-to-raise-1-2-billion-from-junk-bond-markets\/","title":{"rendered":"Lufthansa to raise $1.2 billion from junk bond markets"},"content":{"rendered":"<p>Lufthansa is set to raise 1 billion euros ($1.2 billion) through its first conventional bond issue since the onset of the coronavirus crisis, a lead manager said.<\/p>\n<p>The German airline operator&#8217;s five-year bond was set to be priced on Tuesday at a yield of 3.125% after demand totalling more than 4.25 billion euros, the lead manager told Reuters.<\/p>\n<p>After the pandemic first swept through Europe, Lufthansa needed a 9 billion euro German government bailout.<\/p>\n<p>Its return to the conventional bond markets adds to the 600 million euros that Lufthansa raised through a convertible bond issue this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lufthansa is set to raise 1 billion euros ($1.2 billion) through its first conventional bond issue since the onset of the coronavirus crisis, a lead manager said. The German airline operator&#8217;s five-year bond was set to be priced on Tuesday at a yield of 3.125% after demand totalling more than 4.25 billion euros, the lead manager told Reuters. After the pandemic first swept through Europe, Lufthansa needed a 9 billion euro German government bailout. Its return to the conventional bond markets adds to the 600 million euros that Lufthansa raised through a convertible bond issue this month.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-386060","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=386060"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386060\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}