(ANSA) - ROME, MAY 24 - Air France-KLM has announced a capital increase of € 2.26 billion by putting new shares on the market and then repaying part of the State aid received to tackle the pandemic.
The group explains that approximately 1.7 billion of subordinated bonds issued last April and held by the French government will be repaid, while the rest will be used to reduce debt.
The operation will allow Air France-KLM to get closer to the goal of a capital increase of 4 billion euros and to repay the state loans according to the directives of the European Union, analysts explain.
Paris, which controls a 28.6% stake in the company, intends to participate in the issue to keep the stake unchanged.
The Dutch government is also aiming to keep its share of 9.3% but must first get the green light from the Dutch parliament.
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