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Climate Change Environment Global Warming. Renewable Energy. Sustainability

Air France-KLM announces the successful issuance of its inaugural sustainability-linked bonds, for a total aggregate amount of €1.0bn

Paris, 9 January 2023 Air France-KLM announces the successful issuance of its inaugural sustainability-linked bonds, for a total aggregate amount of €1.0bn The offer attracted strong investor interest, with an orderbook around €2.6bn, covering c. 2.6x the size of the bonds.Bonds’ coupons will be indexed on Air France-KLM Group’s target to reduce its well-to-wake scope 1 and 3 jet fuel greenhouse gas (GHG) emissions by 10% per revenue tonne kilometer (RTK) by 2025 compared to 2019, as part of its