SAS has agreed a $75 million credit facility to refinance six narrowbodies, including two Boeing 737-700s and four Airbus A319s, that were previously on lease. Standard Chartered and Norddeutsche Landesbank are the lenders on the deal, which matures in January 2023.

The airline did not immediately disclose the MSNs of the six aircraft, but Airfinance Journal Fleets indicates that the airline only operates four A319s (MSNs 2850, 2888, 3231 and 3292). Two are owned by BBAM and two are owned by an undisclosed lessor, according to the data. The other two 737-700 were also leased from BBAM with MSN: 30471, 32276.

As part of the transaction, SAS has also entered into a Sale and leaseback transaction with Standard Chartered Bank for the first two delivered Airbus A320neo with CFM Leap-1A engines during 2016 with a lease period of ten years.-MSNs:7290, 7277 (deal ID 6520);

Debt Drawdown November 2016 for 2xA319. Remaining aircraft are financed during 2017.