ENXTPA:AFAirlines
How Investors May Respond To Air France-KLM (ENXTPA:AF) Redeeming Its Subordinated Perpetual Bonds
Air France-KLM recently announced it will redeem all of its outstanding deeply subordinated perpetual bonds at par plus accrued interest, with payment scheduled for November 24, 2025.
Bondholders have until November 10, 2025, to convert or exchange their holdings for ordinary shares, an offer that can impact both the capital structure and ownership composition of the company.
We'll examine how Air France-KLM's decision to redeem its subordinated bonds could reshape its investment narrative...