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Lufthansa Group invests in airBaltic

Superia, jointly with STJ Advisors, acted as financial advisers to Latvian national airline airBaltic on a minority stake investment from Lufthansa Group.

Lufthansa Group will invest EUR 14m in airBaltic through a convertible share, granting a 10% stake. Upon a potential IPO, this will convert into ordinary shares, with Lufthansa Group retaining at least 5%, subject to market pricing.

Superia and STJ Advisors advised airBaltic on this landmark transaction which validates the business model and strengthens the equity story ahead of a potential IPO.

 

For more information please contact:

Lauris Balga, Partner, lauris.balga@superia.lv 

Sigvards Dzelzkalejs, Director, sigvards.dzelzkalejs@superia.lv

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