Air France-KLM successfully priced a 500 million euros note issuance under its EMTN Programme
Air France-KLM (AFLYY) has successfully issued €500 million in senior unsecured notes under its EMTN Programme. The notes have a 5-year maturity with a 3.75% fixed annual coupon (3.866% yield).
The issuance, which will be used for general corporate purposes, attracted strong investor demand, reflecting confidence in the company's business model and financial structure. The Group's long-term debt is currently rated BB+ by S&P and BBB- by Fitch Ratings. Deutsche Bank, Crédit Agricole CIB, and Commerzbank served as Global Coordinators for the offering.
Air France-KLM (AFLYY) ha emesso con successo 500 milioni di euro di obbligazioni senior non garantite nell'ambito del suo Programma EMTN. I titoli hanno una scadenza a 5 anni con un cedola fissa annua del 3,75% (rendimento del 3,866%).
L'emissione, destinata a scopi aziendali generali, ha registrato una forte domanda da parte degli investitori, a testimonianza della fiducia nel modello di business e nella struttura finanziaria del gruppo. Il debito a lungo termine del Gruppo è attualmente valutato BB+ da S&P e BBB- da Fitch Ratings. Deutsche Bank, Crédit Agricole CIB e Commerzbank hanno svolto il ruolo di Global Coordinator dell'offerta.
Air France-KLM (AFLYY) ha emitido con éxito 500 millones de euros en bonos senior no garantizados bajo su Programa EMTN. Los bonos tienen un vencimiento a 5 años con un cupón fijo anual del 3,75% (rendimiento del 3,866%).
La emisión, que se destinará a fines corporativos generales, atrajo una sólida demanda de inversores, lo que refleja confianza en el modelo de negocio y la estructura financiera de la compañía. La deuda a largo plazo del Grupo está actualmente calificada BB+ por S&P y BBB- por Fitch Ratings. Deutsche Bank, Crédit Agricole CIB y Commerzbank actuaron como Coordinadores Globales de la oferta.
Air France-KLM (AFLYY)는 EMTN 프로그램 하에서 5억 유로(€500 million) 규모의 선순위 무담보 채권을 성공적으로 발행했습니다. 해당 채권은 만기 5년, 연 3.75% 고정 쿠폰을 제공하며(수익률 3.866%)입니다.
이번 발행은 일반 기업 목적에 사용될 예정이며, 투자자들의 강한 수요를 끌어 그룹의 비즈니스 모델과 재무 구조에 대한 신뢰를 반영했습니다. 그룹의 장기 부채 등급은 현재 S&P는 BB+, Fitch Ratings는 BBB-로 평가되어 있습니다. Deutsche Bank, Crédit Agricole CIB 및 Commerzbank가 글로벌 코디네이터로 참여했습니다.
Air France-KLM (AFLYY) a émis avec succès 500 millions d'euros de billets senior non garantis dans le cadre de son programme EMTN. Les titres ont une maturité de 5 ans avec un coupon fixe annuel de 3,75% (rendement 3,866%).
L'émission, destinée à des fins corporatives générales, a suscité une forte demande des investisseurs, reflétant la confiance dans le modèle économique et la structure financière du groupe. La dette à long terme du Groupe est actuellement notée BB+ par S&P et BBB- par Fitch Ratings. Deutsche Bank, Crédit Agricole CIB et Commerzbank ont agi en tant que coordinateurs globaux de l'offre.
Air France-KLM (AFLYY) hat erfolgreich 500 Millionen Euro an unbesicherten vorrangigen Schuldverschreibungen im Rahmen seines EMTN-Programms platziert. Die Papiere haben eine 5-jährige Laufzeit und einen festen Jahreskupon von 3,75% (Rendite 3,866%).
Die Emission, die für allgemeine Unternehmenszwecke verwendet wird, stieß auf starke Nachfrage bei Anlegern und unterstreicht das Vertrauen in das Geschäftsmodell und die Finanzstruktur der Gesellschaft. Die langfristige Verschuldung der Gruppe ist derzeit mit BB+ bei S&P und BBB- bei Fitch Ratings bewertet. Deutsche Bank, Crédit Agricole CIB und Commerzbank fungierten als Global Coordinators des Angebots.
- Successfully raised €500 million through note issuance at attractive market conditions
- Strong investor demand reflecting confidence in company's business model
- Extension of average debt maturity profile through 5-year notes
- Relatively favorable 3.75% fixed annual coupon rate
- Increases overall debt burden with €500 million in new obligations
- Additional interest expense of approximately €18.75 million annually
Paris, 28 August 2025
Air France-KLM announces the successful issuance of a 500 million euros note under its EMTN Programme
AF-KLM successfully placed a
This transaction enables the Group to take advantage of attractive market conditions and extend the average maturity of its debt.
The issuance was priced at attractive levels due to strong and high-quality demand, reflecting AF-KLM 's strong credit quality and investor confidence in its business model, growth potential and financial structure.
The proceeds of the issue will be used for general corporate purposes.
The Group's long-term debt is rated BB+ by Standard & Poor's and BBB- by Fitch Ratings.
Deutsche Bank, Crédit Agricole CIB and Commerzbank acted as Global Coordinators, with CIC, Santander, SMBC, and Société Générale acting as Joint Active Bookrunners.
Investor Relations
Michiel Klinkers Marouane Mami
michiel.klinkers@airfranceklm.com marouane.mami@airfranceklm.com
Website: www.airfranceklm.com
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