Success of Air France-KLM’s €750 million notes issue
10 Gennaio 2020 - 5:07PM
Success of Air France-KLM’s €750 million notes issue
Press release
Success of Air France-KLM’s €750 million
notes issue
Roissy (France), 10 January
2020 – Air France-KLM (the “Company”)
(Euronext Paris: FR0000031122) announces today the successful
placement of an issue of €750 million senior notes (the
“Notes”), with a 5-year maturity and bearing
coupon at an annual rate of 1.875%. The net proceeds of the issue
will be used to fund all or part of the tender offer on three
series of existing notes launched and announced by the Company on 6
January 2020 (the “Tender Offer”), as well as
general corporate purposes of the Company. The indicative date for
the expiration of the Tender Offer is scheduled for 13 January
2020. The results of the Tender Offer will be announced on 14
January 2020 and the settlement date for the Tender Offer and the
issue of the Notes is scheduled for 16 January 2020.
This transaction is part of the Company’s
ongoing dynamic management of its balance sheet structure. This new
issue, combined with the Tender Offer, will contribute to reduce
the overall cost of debt of the group and extend its maturity
profile.
Investor
Relations Olivier Gall+33 1 49 89 52
59olgall@airfranceklm.com |
Wouter van
Beek+33 1 49 89 52 60Wouter-van.Beek@airfranceklm.com |
Press +33 1 41 56 56 00 |
Disclaimer
This press release does not constitute an offer
to subscribe the Notes nor an invitation to participate in the
Tender Offer in or from any country or jurisdiction to whom or in
which such offer would be unlawful under the applicable laws and
regulations. The Tender Offer is made under the terms and
conditions set out in the Tender Offer Memorandum dated January 6,
2020. The issue of the Notes will be subject to a prospectus
submitted to the approval of the French Autorité des marchés
financiers for the purpose of the admission of the Notes to trading
on the regulated market of Euronext Paris. The settlement of the
issue of the Notes remains subject to such approval.
This press release is not a prospectus for the
purposes of the Regulation (EU) 2017/1129 (the “Prospectus
Regulation”).
The Notes are not being subject to a public
offering in any country or jurisdiction, including in France, to
any person other than qualified investors. Tenders of Existing
Notes for purchase pursuant to the Tender Offer from qualifying
holders shall not be accepted in any circumstances where such offer
or solicitation is unlawful. The Company does not make any
recommendation as to whether or not qualifying holders should
participate in the Tender Offer.
The distribution of this press release may be
restricted by law in certain jurisdictions. Persons into whose
possession this press release comes should inform themselves about
and observe any applicable legal and regulatory restrictions.
Prohibition of sales to EEA retail
investors
The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold, or
otherwise made available to any retail investors in the European
Economic Area (the “EEA”). For these purposes, a
retail investor means a person who is one (or more) of:
- a retail client as defined in point (11) of Article 4(1) of
Directive 2014/65/EU as amended (“MiFID II”);
and/or
- a customer within the meaning of Directive 2016/97/EU as
amended, where that customer would not qualify as a professional
client as defined in point (10) of Article 4(1) of MiFID II.
France
This press release is only directed at qualified
investors as defined in Article 2 point (e) of the Prospectus
Regulation and in accordance with Article L. 411-2, 1° of the
French Code monétaire et financier.
United Kingdom
This press release is only directed at qualified
investors who are (i) persons having professional experience in
matters relating to investments who fall within the definition of
“investment professionals” in Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
“Order”); or (ii) high net worth entities falling
within Article 49(2)(a) to (d) of the Order, or (iii) other persons
to whom it may otherwise be lawfully communicated.
United States
This press release does not constitute or form a
part of any offer or solicitation to purchase or subscribe for
notes nor of any offer or solicitation to sell notes in the United
States. The notes have not been and will not be registered under
the Securities Act of 1933, as amended (the “Securities
Act”) or with any securities regulatory authority of any
state or other jurisdiction in the United States, and may not be
offered, sold, pledged or otherwise transferred within the United
States or to, or for the account or benefit of, U.S. persons (as
defined in Regulation S of the Securities Act (each a “U.S.
Person”)), directly or indirectly. The notes are being
offered and sold only outside the United States to non-U.S. Persons
in compliance with Regulation S under the Securities Act.
The Tender Offer is not being made and will not
be made directly or indirectly in or into, to owners of notes who
are located in the United States as defined in Regulation S of the
Securities Act and such notes may not be tendered in the Tender
Offer by any such use, means, instrumentality or facility from or
within the United States, by persons located or resident in the
United States or by U.S. Persons. Accordingly, copies of this press
release are not being, and must not be, directly or indirectly,
mailed or otherwise transmitted, distributed or forwarded in or
into the United States or to any such person. Any purported offer
to sell in response to the Tender Offer resulting directly or
indirectly from a violation of these restrictions will be invalid,
and offers to sell made by a person located in the United States or
any agent, fiduciary or other intermediary acting on a
non-discretionary basis for a principal giving instructions from
within the United States or any U.S. Person will not be
accepted.
- Williamson_CP Succès nouvelle émission_EN
Grafico Azioni Air FranceKLM (EU:AF)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Air FranceKLM (EU:AF)
Storico
Da Apr 2023 a Apr 2024