Air France-KLM continues to actively manage its debt.
Following the successful launch last week of a seven-year bond for 600 million euros, Air France-KLM announces today the final results of the tender offer launched by HSBC on June 2, 2014 for outstanding bonds maturing in October 2016 (ISIN FR0010814459).
Bonds for a nominal amount of 94 million euros, representing 13.4% of the outstanding bonds were presented and accepted for repurchase. The principal amount of this bond will thus be reduced to 606 million euros.
In addition, the group intends to realize approximately 200 million euros of early repayments of bank debt.
These transactions enable Air France-KLM to lengthen its debt maturity profile while benefiting from favorable market conditions.