Air France-KLM announces the successful issuance of new bonds for a total aggregate amount of €650 million

Air France-KLM announces the successful issuance of new bonds for a total aggregate amount of €650 millionAir France-KLM (the “ Company ”) has successfully placed new bonds today, for a total nominal amount of €650 million with a 5-year maturity and a coupon of 4.625% (the “ New Notes ”) under its Euro 4,500,000,000 Euro Medium Term Note Programme. The New Notes are expected to be rated BBB- by Fitch and BB+ by S&P. Strong investor demand, with an orderbook above €2.8 billion that...

Paris, 14/05/2024 (informazione.it - comunicati stampa - turismo)

Air France-KLM announces the successful issuance of new bonds for a total aggregate amount of €650 million

Air France-KLM (the “ Company ”) has successfully placed new bonds today, for a total nominal amount of €650 million with a 5-year maturity and a coupon of 4.625% (the “ New Notes ”) under its Euro 4,500,000,000 Euro Medium Term Note Programme. The New Notes are expected to be rated BBB- by Fitch and BB+ by S&P.

Strong investor demand, with an orderbook above €2.8 billion that covered c.4.3x the size of the bonds, is a testament to investors' confidence in Air France-KLM.

The Company announced on 13 May 2024 the launch of a tender offer to repurchase the following two series of existing notes in cash:

The proceeds of the New Notes will be used to refinance part of the existing debt of the Company by purchasing all or part of the Existing Notes and for general corporate purpose.

An application will be made for the New Notes to be admitted to trading on Euronext Paris.

Investor Relations                                                         

Michiel Klinkers                          Marouane Mami                                                             

michiel.klinkers@airfranceklm.com          marouane.mami@airfranceklm.com

Website: www.airfranceklm.com

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