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PARIS, March 17 (Reuters)Air France KLM AIRF.PA has repaid 300 million euros ($320 million) of the outstanding 600 million euros of perpetual hybrid bonds held by the French state that formed part of a loan package made during the COVID-19 pandemic, it said on Friday.

Air France-KLM added it was refinancing 320 million euros via the issuance of new French state perpetual hybrid bonds.

($1 = 0.9375 euros)

(Reporting by Sudip Kar-Gupta; Editing by Susan Fenton)

((sudip.kargupta@thomsonreuters.com;))

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