Air France-KLM successfully priced a 500 million euros note issuance under its EMTN Programme

Core Points - Air France-KLM successfully issued €500 million in senior unsecured notes under its EMTN Programme with a maturity of 5 years and a fixed annual coupon of 3.75% [1] - The issuance was well-received due to strong demand, indicating investor confidence in Air France-KLM's credit quality and business model [2] - Proceeds from the issuance will be utilized for general corporate purposes, supporting the company's financial structure [2] Debt and Ratings - The long-term debt of Air France-KLM is rated BB+ by Standard & Poor's and BBB- by Fitch Ratings, reflecting its financial stability [2] - The transaction allows the company to extend the average maturity of its debt, taking advantage of favorable market conditions [1] Underwriters - Deutsche Bank, Crédit Agricole CIB, and Commerzbank served as Global Coordinators for the issuance, with CIC, Santander, SMBC, and Société Générale acting as Joint Active Bookrunners [3]