Air France accepts tenders for €94 million 6.75% bonds due 2016

By Jennifer Chiou

New York, June 12 – Air France-KLM announced that it received and accepted tenders for €94 million, or 13.4%, of its 6.75% bonds due October 2016 (ISIN FR0010814459).

This leaves €606 million of bonds outstanding.

The purchase follows the launch of the company’s €600 million seven-year bonds last week.

In addition, the company said it intends to realize roughly €200 million of early repayments of bank debt, according to a press release.

Air France-KLM is an airline company that includes Paris-based Air France and Amsterdam-based KLM.

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