Reading Time: < 1 minute Lufthansa has raised cash after issuing a bond worth €1 billion. As of March 31, the carrier had around €10.6 billion in cash and cash equivalents at hand. Lufthansa raised the first €500 million due to a series of €100,000 three-year bonds with an annual interest rate of 2.0%. Another €500 million came via eight-year […]

Reading Time: < 1 minute British Airways and Aer Lingus owner IAG raised Є1.2 billion ($1.43 billion) in a bond issue. The company explained the raised funds would help it get through the rest of the pandemic. Originally, IAG planned to raise Є1 billion, but the demand was higher than expected, enabling it to raise Є1.2 billion. According to IAG, […]