Deutsche Lufthansa AG (LHAGR)

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Deutsche Lufthansa AG (LHAGR)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	INDS	PRCD	LHAGR	Deutsche Lufthansa AG	€1,000		2	EMEA	Aug 27, 2024

Tranche #1Deutsche Lufthansa AG

currency

EUR

size (m)

500.000

maturity

Sep 3, 2028

type

Fixed

tenor

4.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+155 a

ipt-pxd

guidance

MS+130 a

spread

123

coupon

3.625%

spread set

price

99.60900

yield

3.732%

book size (m)

1,750

peak book (m)

x-covered

3.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,750

peak book (m)

x-covered

3.5

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Deutsche Lufthansa AG

currency

EUR

size (m)

500.000

maturity

Sep 3, 2032

type

Fixed

tenor

8.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

s&p

BBB-

fitch

BBB-

size description

re-open/tap

ipt

MS+195 a

ipt-pxd

guidance

MS+170 a

spread

163

coupon

4.125%

spread set

price

100.00000

yield

4.125%

book size (m)

1,850

peak book (m)

x-covered

3.7

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,850

peak book (m)

x-covered

3.7

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

4 yr: Book size: 1750; Registration: Reg S Only; Comments: EUR500m WNG 4yr bmk snr unsec RegS. NR/BBB-/BBB-. GloCo/Actives BNPP/DB/Uni(B&D). Actives MS/RBC/SMBC/SG. IPTs 4yr MS+155 area. Guidance MS+130 area. Launch MS+123. Final books 1.75bn+. HR 101% vs DBR 0.25% Aug 2028, B+160.2. FTT Weds 7:30am. Tax Call: Yes. Par Call: 1m. Cleanup Call: 80%. CoC: Yes. LEI: 529900PH63HYJ86ASW55; 8 yr: Book size: 1850; Registration: Reg S Only; Comments: EUR500m WNG 8yr bmk snr unsec RegS. NR/BBB-/BBB-. GloCo/Actives BNPP/DB/Uni(B&D). Actives MS/RBC/SMBC/SG. IPTs 8yr MS+195 area. Guidance MS+170 area. Launch MS+163. Final books 1.85bn+. HR 94% vs DBR 1.7% Aug 2032, B+195.2. FTT Weds 7:30am. Tax Call: Yes. Par Call: 3m. Cleanup Call: 80%. CoC: Yes. LEI: 529900PH63HYJ86ASW55;

Use of Proceeds

Repay debt and general corporate purposes

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Deutsche Lufthansa AG (LHAGR)

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