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.