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