Airlines

SAS puts eventual potential return for unsecured creditors at 20-25%

By 2024-02-05T08:22:00

SAS fuselage-c-SAS

Source: SAS

Scandinavian operator SAS is expecting around $325 million to be allocated to general unsecured creditors – including holders of commercial hybrid bonds in parent company SAS AB – through its US Chapter 11 restructuring process.

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