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Lufthansa issues €600 million convertible bond

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Lufthansa issues €600 million convertible bond

Deutsche Lufthansa has successfully placed €600 million of 2.0% senior unsecured convertible bonds. The sale is reported to been more than six times oversubscribed. The airline group has further strengthened its liquidity with this issuance, and as of 30 September it had €10.1 billion of cash at...

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