Lufthansa working on capital raise plan to combat coronavirus pandemic -sources

WorldNews

Published

LONDON — Germany’s Lufthansa is working on a package to raise money from the debt and equity markets to help see it through the coronavirus pandemic that has caused the collapse of passenger flights, two sources familiar with the matter said. The plan, which has yet to be finalized, could include a combination of convertible bonds, the sale of new shares and a rights issue, where existing shareholders buy additional shares in a...

Full Article