Tag: cash reserves

Lufthansa
Lufthansa Has Secured €1 Billion In Liquidity

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 […]