Lufthansa ringfence key for JetBlue exchangeable
Deutsche Lufthansa last Thursday (March 29) delivered a popular €234m bond exchangeable into its JetBlue stake — an almost 10 times covered offer — with a ringfence structure key to the attractiveness of pricing.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts