SAS secures a finance lease facility of SEK 500 million for four existing A321 aircraft


SAS secures a finance lease facility of SEK 500 million for four
existing A321 aircraft

 

SAS has secured a five year refinancing of 4 Airbus 321 to a total value
of approx MUSD 74 (500MSEK). Nordea is Agent and Deutsche VerkehrsBank
AG (DVB) is Security Trustee in the transaction.

The transaction is part of SAS ongoing aircraft refinancing program
where loans maturing in 2011/ 2012 are to be renewed.

The financing of two aircraft will close in Q4 and the remaining will
close in Q3 2012 and Q4 2012, respectively

For further information, please contact:
Sture Stølen, Head of SAS Group Investor Relations, +46 70 997
1451                        

SAS Group Investor Relations

SAS discloses this information pursuant to the Swedish Securities Market
Act and/or the Swedish Financial Instruments Trading Act. The
information was provided for publication on 22 November 2011, at 2.30
p.m. CET.

 

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