SAS Secures $700M Chapter 11 Bridge Financing

Victoria Moores August 15, 2022
SAS
Credit: Nigel Howarth / Aviation Week
Scandinavian Airlines (SAS) has signed an agreement with U.S. private equity firm Apollo Global Management, which will provide $700 million in debtor-in-possession (DIP) financing to see the airline through Chapter 11. “The DIP financing, along with cash generated from the company’s ongoing...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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