Scandi airline SAS cleared for Eu610m extension

SAS, the Scandinavian airline based in Sweden, has amended and extended about Skr6.5bn (Eu610m) of loans. All the extensions are dependent on SAS, rated single-B by Standard & Poor’s, completing a Skr6bn rights issue announced on Tuesday.

  • 05 Feb 2009

Its Eu366m revolver, which was signed in 2006 and matured in June 2010, has been extended by two years.

The arrangers of the original deal were Danske Bank, Nordea, Royal Bank of Scotland and SEB.

The other lenders were DnB NOR Bank, JPMorgan, Svenska Handelsbanken and Swedbank.

A $156m credit facility ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%