SAS selger spanair, låner 1.8 milliarder til kjøperen.

[LeftSaidFred]

http://www.boarding.no/art.asp?id=34718

Det spanske konsortsiet, som skal kjøpe aksjemajoritene i Spanair, skal låne 180 milloner euro av selgeren SAS. Pengene skal tilbakebetales over en 10-års periode.

Noen som vet om detta er en vanlig finansieringsmetode?

[Utflyttet]

Det er en helt grei metode. Gudene må vite SAS ikke trenger penger selv.

-A

[Tommy777]

Noe normal finansieringsmetode er det ikke. SAS er ett flyselskap, ikke bank. Er i utgangspuktet kritisk til handling av aksjer paa kreditt, men jeg regner med at dette er siste utvei/ eneste maaten aa bli kvitt greiene.

[FlightDeck]

Hvis dette konsortiet ikke har evne til å betale 1,8 mrd. kr. for Spanair - har de da evne til å snu selskapet...? Det er uansett er bra beløp for Spanair, og det bidrar til at SAS mister nok et selskap i porteføljen av selskaper som bidrar til et totalt sett stort underskudd... Hvor mye var det Iberia i sin tid ville gi for Spanair?

[LeftSaidFred]

http://www.hegnar.no/nyhetsoversikt/article357223.ece

"Flyselskapet SAS skal ha fått inn et bud på det spanske datterselskapet SpanAir på 127 millioner svenske kroner."

Trodde det allerede var solgt for 1.8 milliarder kroner. Noen som vet noe mer og kan utdype?

[sail4fun]

Further to speculation in the media regarding Spanair SAS would like to make the following statement:

In a press release dated December 18, 2008, SAS stated that it is negotiating with a group of investors from Catalonia, lead by the Consorci de Turisme de Barcelona (the "Consorci") and Catalana d'Inciatives ("Inciatives"), for the purchase of a majority stake in SAS' subsidiary Spanair S.A. ("Spanair").

The deadline for negotiation of a final agreement is January 31, 2009 (as communicated in the press release dated December 18, 2008). We will issue a public statement once a final agreement has been signed.

Any media reference to the terms and conditions of the transaction is pure speculation.

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 January 29, 2009, at 11:55 am CET.




SAS Group Corporate Communications


For further information
Sture Stölen, Head of SAS Group Investor Relations, telephone +46 8 797 1451

[sail4fun]

Definitive agreement regarding the sale of Spanair signed

- SAS Group to remain a minority shareholder (19.9% ownership)
- All losses taken in 2008 accounts - total negative effect of MSEK -4 895
- Spanair operations reported as discontinued operations


The SAS Group ("SAS") has reached a definitive agreement with a group of
investors from Catalonia, led by the Consorci de Turisme de Barcelona (the
"Consorci") and Catalana d'Inciatives ("Inciatives"), whereby the group of
investors will acquire a majority stake in SAS' subsidiary Spanair S.A.
("Spanair") for a cash consideration of EUR 1.

Following the transaction, SAS will remain as a 19.9% minority shareholder in
Spanair, and act as its industrial partner to assist in the implementation of a
strategic plan, which aims at further strengthening Spanair's position in Spain
and as the leading carrier in the Barcelona region. The effect on SAS is a
capital loss of MSEK -712 as a result of the divestment, which will be booked in
the 4th quarter of 2008.

Mats Jansson comments: "We are confident that we have now secured a platform
for Spanair as a Spanish based company with Spanish majority owners. Due to
unprecedented market conditions, the transaction will have a significant
negative impact on the Q4 earnings of the SAS Group, but we believe that the new
owners will secure the future of Spanair and develop the company to the benefit
of Barcelona and the Barcelona region. We will retain an interest in Spanair as
a minority shareholder to support its strategic plan".

Following the transaction, MEUR 99 of existing interest bearing indebtedness to
SAS will remain outstanding and be amortized in line with Spanair's future cash
flow generation. In addition SAS will convert MEUR 20 of existing loans to
Spanair into equity in Spanair, and repay Spanair's external loans of MEUR 18.
SAS will also continue to lease in total 18 aircraft to Spanair on market terms
and remain as guarantor of MEUR 36 for certain operational undertakings of
Spanair for a limited period.

In summary, the financial effects from Spanair's 2008 result and this
transaction on the SAS Group in 2008 will be a negative effect of MSEK -4 895
reported as discontinued operations in the 2008 financial statements. This loss
consists of:

Financial effects from the Spanair transaction (MSEK) Q1-Q3 2008 Q4 2008 FY2008
Write-down of goodwill in Spanair -1 686 - -1 686
Write-down of deferred tax assets -273 - -273
EBT before non-recurring items in Spanair -750 -560 -1 310
Non-recurring restructuring costs in Spanair -7 -907 -914
Capital loss from transaction - -712 -712
Total -2 716 -2 179 -4 895

SAS' total cash outflow in connection with this transaction will amount to MEUR
18. In addition thereto, SAS has committed to contribute up to MEUR 50 in
respect of potential future funding needs of Spanair.

After closing of the transaction, SAS will account for the 19.9% stake in
Spanair as a financial asset.

The parties have entered into a shareholders' agreement granting SAS certain
minority protection rights.

The transaction is expected to close during 1st quarter 2009 and is subject to
customary regulatory approvals.

UBS has acted as financial adviser to SAS in this transaction.

For further information, please contact
Sture Stölen, Head of SAS Group Investor Relations, phone +46 70 997 1451



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 January 30, 2009, at 8:10 pm CET.




SAS Group Corporate Communications




------------------------------------------------------------
This information was brought to you by Cision http://www.cisionwire.com
The following files are available for download:
http://wpy.waymaker.net/client/wayma...fn=wkr0003.pdf

[Discus]

Kanskje greit at man solgte unna i Spania? Flytrafikken i Spania er ikke akkurat lystig lesing om dagen:

Pax-trafikken ned 18% og antall flybevegelser redusert med 15%.

Spanish airport traffic down 18.2% in Q1 2009; only Reus and Santander report growth

http://www.anna.aero/2009/04/17/span...report-growth/

[Someone]

http://www.spanair.com/web/en-gb/juntos/

Og Spanair skal få ny logo og man kan nå stemme over 2 forslag

[Blubird]

Heftig Lufthansa-flørt på den til venstre.

Selv ville jeg foretrukket den til høyre, om jeg måtte velge.

[EB]

Liker også den til høyre best...

[LN-AØR]

Synes begge forslagene er nokså kjedelige, men den til venstre er klart best.

[Glenn]

Liker helt klart den "gamle" logoen best, men om jeg skulle valgt, hadde det blitt den til høyre. Litt mer fresh enn den til venstre. Liker ikke helt den fonten som er brukt på den.

[FlightDeck]

Hvorfor bruke penger på ny logo når man hadde milliardunderskudd i fjor?

[litt-amatør]

Originally Posted by FlightDeck

Hvorfor bruke penger på ny logo når man hadde milliardunderskudd i fjor?

Sånt skjønner ikke jeg heller. Tror det må vitne om at man ikke helt vet hvor man vil, og bare må bruker penger man ikke har på noe "artig" eller "kreativt".

[LN-MOW]

Originally Posted by litt-amatør

Tror det må vitne om at man ikke helt vet hvor man vil...

Som SAS i 1981 ..... ?

Tør minne om at dette var en av Hr. Carlzons tiltak og var med på å gi bolaget en legendarisk boost da de virkelig var i sumpen. Mulig Spanair har planer om en lignende totalmakeover ...

[Joker7913]

Deres lufthansa-look-a-like logo er ok, men svært at bedømme når man ikke ser helhedn - altså på et fly.

[laurenz]

Blanding Primera/Lufthansa kanskje?

Jeg likte ingen av forslagene.

[LN-AØR]

Og i går ble det klart at denne logoen vant:
Synes det var det beste forslaget, men liker fremdeles den "gamle" Spanairlogoen best.

[JetBlue]

Originally Posted by LeftSaidFred

http://www.boarding.no/art.asp?id=34718

Noen som vet om detta er en vanlig finansieringsmetode?

Selgerkreditt kalles det, slett ikke uvanlig. Men siden SAS er et flyselskap hadde de kanskje trengt pengene selv