SAS Secures Bondholder Agreement For Revised Recapitalization

SAS
SAS will now take the revised recapitalization plan to its government investors.
Credit: Joe Pries
Scandinavian Airlines (SAS) has reached an agreement with investors holding its bonds and hybrid notes, meaning work on a revised recapitalization can continue. SAS said it had canceled a planned meeting in mid-July with the debt holders after they indicated they would not approve the airline’s...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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