AIR FRANCE - KLM successfully places ten-year senior notes
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Not for distribution in the United States, Canada, Australia or Japan.
Roissy, 12 December 2016
Air France-KLM successfully places ten-year senior notes for 145 million US dollars
Air France-KLM successfully placed with Asian institutional investors by way of unlisted private placement a 145 million US dollars issuance of senior notes maturing on 15 December 2026, with an interest rate of 4.35%. The senior notes have been swapped into Euro, resulting in an all in cost for Air France-KLM of 4%.
This transaction enables Air France-KLM to lengthen its debt profile.
The notes benefit from an irrevocable standby letter of credit issued by Bank of China Limited, Paris Branch.
The issue was led by BOC International as Sole Bookrunner and Manager. The swap was executed by Bank of China.
Warnings
This press release is for information purposes only and is not an offer to sell securities or a solicitation to buy securities in any jurisdiction. The securities mentioned in this press release were not and will not be offered through a public offering and no related documents will be distributed to the public in any jurisdiction.
The circulation, publication or distribution of this press release is forbidden in any country where such circulation, publication or distribution would be an infringement of applicable laws and regulations.
This announcement is not an offer for sale of securities in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Air France-KLM does not intend to register any of the securities mentioned in this announcement in the United States or to conduct a public offering of securities in the United States.
Investor relations
Marie-Agnès de Peslouan Dirk Voermans
+33 1 49 89 52 59 +33 1 49 89 52 60
[email protected] [email protected]
Press +33 1 41 56 56 00
www.airfranceklm.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AIR FRANCE - KLM via Globenewswire
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