Air France-KLM reports that it has successfully placed €650 million in bonds with a five-year maturity and a coupon of 4.625%, under the Euro Medium Term Note program, in line with the transactions announced earlier this week.

Strong investor demand, with an order book of over 2.8 billion euros covering almost 4.3 times the amount of the bonds issued, testifies to investor confidence in Air France-KLM', the airline emphasizes.

The proceeds of the new bonds will be used to refinance part of the existing debt by redeeming all or part of the existing 2025 and 2026 bonds, and for general corporate purposes.

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