The Lufthansa Group has appointed BofA Securities (Bank of America), Deutsche Bank, Goldman Sachs and JPMorgan to help calibrate a possible capital increase. The airline states that the net proceeds would contribute to the repayment of stabilisation measures of the German Economic Stabilisation Fund (ESF) and to the restoration of a sustainable and efficient long-term capital structure. Lufthansa also revealed that the ESF was considering, taking into account market conditions, participating in a possible capital increase without the use of additional funds (Opération Blanche / Tail Swallow). If implemented, the ESF might place shares with investors and sell subscription rights on

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