Lufthansa flies in amid market turbulence

Take Off
By Frank Jackman
28 Feb 2020

Only a few issuers braved the MTN market in what was otherwise a week silenced by coronavirus volatility. With deals far and few between, bankers highlighted trades from Lufthansa and the Brussels Capital Region as market standouts.

Lufthansa printed a €150m 0.1% March 2021 note on Thursday. Deutsche Bank ran the deal.

“Interesting deal,” said the banker. “That’s not someone you see very often. It’s the only short end euro deal of any note this week. Clearly travel will be more challenging in Europe over ...

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