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SAS Group: three A-330/300 aircraft refinanced with USD 125 million loan

Stockholm, Sweden - The third and final tranche due in February 2013

Following on from recent announcements concerning steps taken to improve the SAS Group's financial position, a new USD 125m secured loan facility covering three A-330/300 aircraft has been entered into with an East Asia-based Global Insurance Company as sole facility provider. The tranches covering two aircraft have been drawn down as the initial ECA-backed loans matured, with the third and final...

fra/pec - 1147890
Rome, Italy, 12/03/2012 17:55
AVIONEWS - World Aeronautical Press Agency

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