SAS secures $700-million financing to aid restructuring - Rappler

8/14/2022 12:00:00 AM2 years 8 months ago
Scandinavian airline SAS expects to complete the Chapter 11 restructuring process in 9 to 12 months
Scandinavian airline SAS said on Saturday, August 13, it entered into an agreement with Apollo Global Management to raise $700 million of fresh financing it needs to see it through bankruptcy. The a… [+1443 chars]
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