Lufthansa has spelled out its deal with the German government, which will see it receive a package of up to €9bn from the Economic Stabilisation Fund (WSF).
The government will enter into up to €5.7bn-worth of “silent participations” – meaning it will provide a capital deposit and participate in profits. Up to €4.7bn of the amount is classified as equity.
The government will receive 4% from its committed capital in 2020 and 2021, …
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Source: The Loadstar