White & Case with Lufthansa on 750 million bond issuance

White & Case LLP has advised Deutsche Lufthansa AG on the issuance of fixed rate notes with an aggregate principal amount of €750 million with a team led by partner Karsten Wöckener (pictured), local partner Peter Becker and associate Darleen Stöckl.

The notes have a six-year term and a fixed interest rate of 4.000% per annum. The net proceeds from the bond will be used for general corporate purposes including the repayment of existing debt.

The notes were admitted to trading on the regulated market of the Luxembourg Stock Exchange.