Deutsche Lufthansa AG successfully issued an unsecured euro hybrid bond with a total volume of 500 million euros yesterday afternoon, January 8, following investor meetings on the previous day. The bond bears interest at 5.25 percent per annum and has a term of 30 years, with a first issuer call date after 6 years, i.e. on January 15th, 2031.

A hybrid bond is a subordinated form of financing that, due to its long term, is evaluated by rating agencies with a 50% equity credit and thus contributes to further strengthening the rating profile of Deutsche Lufthansa AG. The company had already successfully issued a hybrid bond in 2015, which was refinanced early as part of yesterday's transaction. Its repayment is planned for the next call date on February 12, 2026.