2012-12-04 — /travelprnews.com/ — 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 A330-300 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 tranche due in February 2013. The net cash effect from the transactions is estimated at MUSD 45.
SAS Group Investor Relations
SAS is publishing this information in accordance with the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act and corresponding Danish and Norwegian legislation. This information was submitted for publication on December 3, 2012 at 15:00 CET.
For further information, please contact:
Sture Stølen, Head of SAS Group Investor Relations, +46 70 997 1451
###
RYANAIR’S LOW FARE FLIGHTS NOW AVAILABLE TO BOOK AS PART OF ON THE BEACH PACKAGE HOLIDAYS…
Two Hyatt-branded hotels set to debut in Madinah as Hyatt House Madinah KEC and Hyatt…
Blending natural beauty with contemporary Chinese aesthetics, the spiritual hideaway invites guests to enjoy elevated…
Airline set for largest presence ever at global travel exhibition (IN SHORT) Emirates is set…
Mauritius, 2024-May-3 — /Travel PR News/ — Mauritius offers a unique blend of relaxation, adventure,…
Jaipur, India, 2024-May-3 — /Travel PR News/ — Four Wheel Drive India Pvt. Ltd., a…
This website uses cookies.