Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

DGAP-Adhoc: Deutsche Lufthansa AG: Deutsche Lufthansa AG updates terms and conditions of the convertible bond offer due to high demand


DGAP-Ad-hoc: Deutsche Lufthansa AG / Key word(s): Financing/Issue of Debt
Deutsche Lufthansa AG: Deutsche Lufthansa AG updates terms and conditions of the convertible bond offer due to high demand

10-Nov-2020 / 11:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Due to the high demand, Deutsche Lufthansa Aktiengesellschaft has decided to adjust the offer of the unsubordinated and unsecured convertible bond with final maturity in 2025. The convertible bonds will now be offered with a coupon payable semi-annually in arrears of between 2.00% and 2.25% p.a. The initial conversion price was adjusted to up to 40% above the reference share price (the volume weighted price of the shares on XETRA between the beginning of the placement and the pricing of the offer on November 10, 2020). The total nominal amount can therefore now be up to EUR 600 million.

Responsible: Dennis Weber, Vice President Investor Relations, Phone +49 69 / 696 28000


10-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Deutsche Lufthansa AG
Venloer Str. 151-153
50672 Cologne
Germany
Phone: +49 (0)69 696 28000
Fax: +49 (0)69 696 90990
E-mail: [email protected]
Internet: www.lufthansagroup.com/investor-relations
ISIN: DE0008232125, DE0008232125
WKN: 823212
Indices: DAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 1146909

 
End of Announcement DGAP News Service

1146909  10-Nov-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1146909&application_name=news&site_id=sharewise

Deutsche Lufthansa AG Stock

€7.29
0.540%
Deutsche Lufthansa AG gained 0.540% compared to yesterday.
Deutsche Lufthansa AG is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
With a target price of 9 € there is a positive potential of 23.42% for Deutsche Lufthansa AG compared to the current price of 7.29 €.
Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments