LONDON—German airline Lufthansa said it had issued a 1.6 billion euro ($1.92 billion) bond on Thursday, money that will be used to repay part of a bailout given last year by state lender KfW to help it cope with the COVID-19 crisis.
“We are very grateful for the support we receive in our home markets. Today’s successful bond placement allows us to repay the entire KfW loan,” Lufthansa Chief Financial Officer Remco Steenbergen said in a statement.