German carrier Lufthansa has tapped the Schuldschein market to raise €800 million ($900 million).

The company received orders for more than €1.3 billion, and the deal was upsized from the initial amount of €300 million.

The transaction comprises four tranches: two tranches of three-year notes and two tranches of five-year notes each with fixed and floating interest rates, a statement from Helaba says.

The deal was placed within four weeks and marketed to more than 400 institutional investors, the bank adds.

Source: Cirium Dashboard