Air France-KLM: inaugural issue of sustainable bonds
The offering comprises two tranches of 500 million euros each, with a maturity of 3.3 years and a coupon of 7.250%, and with a maturity of 5.3 years and a coupon of 8.125%. The order book covered almost 2.6 times the amount of the bonds issued.
This transaction will smooth out Air France-KLM's debt repayment profile over the coming years, and give the company additional room for maneuver to carry out its sustainable transformation plan.
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