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Lufthansa to debut hybrid bonds to boost credit grade

Published Thu, May 7, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Madrid

DEUTSCHE Lufthansa is offering hybrid bonds for the first time as Germany's biggest airline seeks to boost its credit rating.

Lufthansa held a call with investors on Wednesday for a possible sale of securities combining elements of debt and equity in euros, according to a person familiar with the matter, who's not authorised to talk about it and asked not to be identified. The Cologne-based company first marketed the notes in March before a co-pilot at its Germanwings unit flew an Airbus A320 into the French Alps, killing all 150 people on board.

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