Air France-KLM Plans 600 Million Euro Bond Sale

Air France-KLM Plans 600 Million Euro Bond Sale
Air France-KLM is to hold investor calls on Monday ahead of a potential 600 million euro ($713.70 million) bond sale, according to a statement to investors seen by Reuters.

Air France-KLM AIRF.PA is to hold investor calls on Monday ahead of a potential 600 million euro ($713.70 million) bond sale, according to a statement to investors seen by Reuters.

The airline operator has appointed Deutsche Bank, Santander and Societe Generale as global coordinators to arrange the investor calls and potentially manage the bond deal, the statement said.

If market conditions allow, the company plans to sell three-year and five-year bonds in the sale and expects to raise 300 million euros from each tranche.

($1 = 0.8407 euros)