Air France-KLM: credit line increased to ?1.4 billion

(CercleFinance.com) - Air France-KLM and Air France announce that they have successfully renegotiated their sustainable development revolving credit facility to E1.
4 billion, with an extension to July 2028.

As a reminder, in March 2023 Air France-KLM and Air France, as co-borrowers, signed a E1.2 billion sustainable development revolving credit facility (RCF).

This credit line, which had an initial maturity of 2026, came with two one-year extension options at the lenders' discretion, and included a 100 million euro accordion increase option, again at the lenders' discretion.

The first extension option and the first accordion option were activated in April 2024.

Through this transaction, Air France-KLM and Air France are extending the average maturity of available resources, in line with the Group's policy of prudent liquidity management.

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