Air France-KLM has launched a seven-year bond for €600 million ($813 million) as the carrier continues to actively manage its debt. The tender was launched June 2 by HSBC for outstanding bonds maturing in October 2016. According to a company statement, “bonds for a nominal amount of €94 million, representing 13.4% of the outstanding bonds, were presented and accepted for repurchase. The principal amount of this bond will thus be reduced to €606 million.” In ...

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