BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd. - S&P Global Ratings’ Credit Research

BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd.

BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd. - S&P Global Ratings’ Credit Research
BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd.
Published Jul 05, 2002
319 words — Published Jul 05, 2002
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Abstract:

Standard&Poor's said today that its ratings and outlook on Germany-based Deutsche Lufthansa AG (BBB+/Stable/A-2) remain unaffected by the announcement that its cargo subsidiary will dispose of a 25% stake in DHL International Ltd. The disposal proceeds will amount to €610 million (€550 million, plus a possible future payment of €60 million under a debtor warrant agreement). The transaction is consistent with the group's stated commitment to reduce indebtedness. ANALYTICAL E-MAIL ADDRESSES virginie_casin@standardandpoors.com martin_amann@standardandpoors.com CorporateFinanceEurope@standardandpoors.com

  
Brief Excerpt:

RESEARCH BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd. Publication date: 05-Jul-2002 Standard & Poor's said today that its ratings and outlook on Germany-based Deutsche Lufthansa AG (###+/Stable/A-2)...

  
Report Type:

Bulletin

Ticker
LHA@GR
Issuer
Deutsche Lufthansa AG
GICS
Airlines (20302010)
Sector
Global Issuers, Structured Finance
Country
Germany
Region
United States
Format:
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Summary: Deutsche Lufthansa AG – 2002/07/24 – US$ 225.00

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Summary: Deutsche Lufthansa AG – 2003/02/03 – US$ 225.00

Deutsche Lufthansa AG – 2003/02/03 – US$ 500.00

Research Update: Deutsche Lufthansa AG – 2003/03/24 – US$ 225.00

Summary: Deutsche Lufthansa AG – 2002/02/12 – US$ 225.00

Deutsche Lufthansa AG – 2002/02/08 – US$ 500.00

Summary: Deutsche Lufthansa AG – 2001/12/20 – US$ 225.00

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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd." Jul 05, 2002. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Lufthansa-Subsidiary-Announces-Disposal-of-Stake-in-DHL-International-Ltd-253637>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Lufthansa Subsidiary Announces Disposal of Stake in DHL International Ltd. Jul 05, 2002. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Lufthansa-Subsidiary-Announces-Disposal-of-Stake-in-DHL-International-Ltd-253637>
  
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