Air France-KLM announces that it has placed its first sustainable bond issue, for a nominal amount of one billion euros, linked to an objective of reducing kerosene-related greenhouse gas emissions.

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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