AF Air France-KLM SA

Air France-KLM announces the successful issuance of new hybrid bonds

Air France-KLM announces the successful issuance of new hybrid bonds

Paris, 15 May 2025

Air France-KLM announces the successful issuance of hybrid bonds for an amount of €500 million

Air France-KLM (the “Company”) successfully priced an issuance of €500 million hybrid bonds today, at an annual fixed coupon of 5.75% (yield at 5.875%) until the first reset date (the “Hybrid Bonds”). The Hybrid Bonds, undated and deeply subordinated, will be rated BB by Fitch and B+ by S&P and will qualify for 50% equity credit with both rating agencies. Fitch and S&P reaffirmed Air France-KLM’s long term issuer rating, respectively at BBB- and BB+, with both a Stable outlook.

The issue of Hybrid Bonds was very well received by the market with an orderbook of over 1.75 billion euros (representing an oversubscription rate of 3.5 times). This result reflects investors' strong confidence in the Company's strategy and the strength of its credit profile.

The estimated net proceeds of the issue of the Hybrid Bonds will be used by the Company for general corporate purposes including the potential refinancing of existing subordinated instruments within the Group. This issue enables the Group to simplify its balance sheet and optimize its cost of financing while maintaining financial flexibility.

An application will be made for the Hybrid Bonds to be admitted to trading on Euronext Paris.

Investor Relations                                                        

Michiel Klinkers                               Marouane Mami                                                            

        

Website:

Attachment



EN
15/05/2025

Underlying

AFAir France-KLM SA

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Air France-KLM SA

 PRESS RELEASE
Free
AF Air France-KLM ...

Press release - voting rights at 31 july 2025

Press release - voting rights at 31 july 2025 Declaration of number of voting rights Information relating to the total number of voting rights and shares as required by L.233-8 II of the code of commerce and article 223-16 of the general rules of the French market authority (AMF). DateNumber of sharesTotal number of voting rights 07/31/2025262,769,869Theoretical number of voting rights1:370,048,441 1 The theoretical voting rights include all voting rights, including double voting rights. Attachment

August 5, 2025 1 EN
 PRESS RELEASE
Free
AF Air France-KLM ...

Communiqué de presse - Droits de vote au 31 juillet

Communiqué de presse - Droits de vote au 31 juillet                  Déclaration du nombre de droits de vote                  Informations relatives au nombre total de droits de vote et d’actions prévues par l’article L.233-8 II du code du commerce et l’article 223-16 du règlement général de l’Autorité des marchés financiers. Date Nombre d’actions Nombre total de droits de vote    31/07/2025262 769 869  Nombre de droits de vote théoriques1 : 370 048 441         1 Les droits de vote théoriques intègrent l’ensemble des droits de vote, y compris les droits de vote doubles. Pièce jo...

August 5, 2025 1 EN
Si Yong Ng
  • Si Yong Ng
Free Trial
AF Air France-KLM ...

Air France-KLM - Earnings Flash - Q2 FY 2025 Results - Lucror Analytic...

Air France-KLM has released strong Q2/25 numbers, with EBITDA growth and EBITDA margin improvement. Revenues advanced 6.2% y-o-y, while EBITDA jumped 25.7%. FOCF (post-leases) improved, thanks to the better earnings and lower capex. Reported net leverage was down 0.2x q-o-q at 1.5x. Liquidity was comfortable. We anticipate a solid H2/25 performance, as the top line benefits from higher unit revenues and increased capacity. Profitability will be boosted by the stronger unit revenues and lower...

AF AIR FRANCE-KLM SA
08/01/25 August 1, 2025 1 EN
 PRESS RELEASE
Free
AF Air France-KLM ...

Implementation of a New Liquidity Contract

Implementation of a New Liquidity Contract Paris, August 1st, 2025 Implementation of a New Liquidity Contract Air France-KLM announces the implementation of a liquidity contract for its ordinary shares (ISIN Code: FR001400J770) with Rothschild Martin Maurel, within the framework of the regulations in force, and in particular AMF Decision no. 2021-01 of 22 June 2021. The purpose of this agreement is for Rothschild Martin Maurel to act as a market maker for Air France-KLM shares on the regulated market of Euronext Paris to promote the liquidity of transactions and the regularity of the lis...

August 1, 2025 1 EN
 PRESS RELEASE
Free
AF Air France-KLM ...

Mise en œuvre d’un nouveau contrat de liquidité

Mise en œuvre d’un nouveau contrat de liquidité Paris, le 1 aout 2025 Mise en œuvre d’un nouveau contrat de liquidité Air France - KLM annonce la mise en place d'un contrat de liquidité portant sur ses actions ordinaires (Code ISIN : FR001400J770) avec Rothschild Martin Maurel, dans le cadre de la réglementation en vigueur, et en particulier de la Décision AMF n°2021-01 du 22 juin 2021. Ce contrat a pour objet l'animation par Rothschild Martin Maurel des actions Air France-KLM sur le marché réglementé d’Euronext à Paris afin de favoriser la liquidité des transactions et la régularité de l...

August 1, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch