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.