Braathens Aviation AB (publ) – Successfully completed bond issue

Braathens Aviation AB (publ) has successfully completed a SEK 300 million senior unsecured bond issue in the Nordic bond market with maturity in March 2018. The bond carries an interest of 3-month STIBOR plus 5.75%.

An application will be made for the bonds to be listed on the Oslo ABM. The proceeds from the bond issue will be used for part financing of pre-delivery payments in regards to the fleet renewal program, liquidity reserve and general corporate purposes.

SEB Markets acted as Sole Manager for the bond issuance.

Braathens Aviation offers a wide range of aviation services with main focus on domestic flights in Sweden through Malmö Aviation and Sverigeflyg with Bromma Stockholm Airport as its operating hub – the airport nearest downtown Stockholm. The Company is owned by Braganza AS (www.braganza.no), a privately held investment company based in Oslo, Norway, owned by Mr. Per G. Braathen and his immediate family. For more information please see: www.braathens.com.