By Lisa Kerner
Charlotte, N.C., July 31 - Scandinavian Airlines System Denmark announced it placed a €35 million five-year unsecured bond on Tuesday.
Proceeds will be used to support the company's longer-term liquidity level and to pay off upcoming unsecured maturing debt.
Deutsche Bank acted as adviser.
Other details of the issuance were not disclosed.
The air carrier is based in Solna, Sweden.
| Issuer: | Scandinavian Airlines System Denmark
|
| Issue: | Bond
|
| Amount : | €35 million
|
| Maturity: | Five years
|
| Adviser: | Deutsche Bank
|
| Distribution: | Private placement
|
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