Germany’s flag carrier Lufthansa said on Friday it had signed a revolving credit facility of 2.0 billion euros ($2.17 billion) with a syndicate of international relationship banks to boost its liquidity.
The unsecured loan facility replaces Lufthansa’s existing undrawn credit lines of around 0.7 billion euros and will be available for three years with two one-year extension options, the airline said in a statement.
→ Lufthansa CEO Optimistic About Bid for ITA Airways.
“The signing of our first syndicated revolving credit facility strengthens our liquidity reserve and increases the efficiency of our balance sheet in securing our liquidity target of 6-8 billion euros,” Finance Chief Remco Steenbergen said.
HSBC Continental Europe, Landesbank Baden-Württemberg and UniCredit Bank acted as coordinating bookrunners and mandated lead arrangers, Lufthansa said.
Related Topics
Avianca Seeks Network Expansion: Files to Operate New Routes to Buenos Aires from Cartagena and Cali
Arajet Expands South American Network With Launch of Nonstop Punta Cana–Rosario Flights
LATAM Awarded “Best Cabin Service in South America” for Third Time at the 2026 APEX Best Awards
American Airlines Hits 100 Latin American and Caribbean Destinations from Miami with Additions of Maracaibo and Cap-Haïtien
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.