Aviation News

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

Source: SAS

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