January 30, 2025 09:27 GMT
TRANSPORTATION: Air Baltic; Lufthansa takes 10%/€14m stake
TRANSPORTATION
(AIRBAL Sec. 29s; NR/B+/B) (98% Latvian Government owned)
(LHAGR unsec: Baa3/BBB-/BBB-)
Lufthansa presser below as well. It's min. 5% stake to be held through an IPO valuation (of the €14m put in).
AIRBAL 14.5% 2029 (€112, +1.4pts)
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