Due to the success of Air France-KLM offering of bonds convertible into and/or exchangeable for new and/or existing shares (OCEANE) due February 15, 2023 for an initial nominal amount of approximately €480 million, the airline has decided to exercise the extension clause in order to increase the initial issue size to approximately €550 million. The bond’s nominal value has been set at €10.30 representing an issue premium of 32.50% over Air France-KLM’s reference share price (is equal to the volume-weighted average price (VWAP) of Air France-KLM’s shares quoted on Euronext Paris on March 25, 2013 from the opening of trading

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In