Air France-KLM: repays a bond loan
(CercleFinance.com) - Air France-KLM announces that it will redeem all outstanding perpetual subordinated bonds issued in 2015, for a total nominal amount of 403.
3 million euros, pursuant to the terms and conditions of these bonds.
The redemption will be made on 1 October at par, i.e. 100,000 euros per bond, plus the coupon accrued from the last date on which interest on the bonds has been paid up until and including the date of early redemption.
This measure is part of Air France-KLM's policy of controlling financial expenses, which also intends to implement measures to strengthen its equity and quasi-equity by May 2021, if market conditions permit.
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