Air France-KLM Signs $1.1b Credit Facility to Finance M&A
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2 Articles
Air France-KLM signs $1.1b credit facility to finance M&A
Air France-KLM has signed a new, multi-purpose EUR1 billion euro (USD1.1 billion) credit facility with a syndicate of twelve international banks. The revolving facility will mature in June 2028, although includes an option to extend to June 2029, subject to the lenders’ approval. The facility will be used to finance the group’s mergers and acquisitions activity. The holding is finalising the acquisition of a majority stake in SAS Scandinavian Ai…
Air France-KLM has agreed on a new EUR 1 billion credit line with 12 banks, which will be used to refinance existing liabilities as well as to finance mergers and acquisitions that the Group is planning for the second half of the year.

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