Tag solicitation

Airlines

SAS gets green light to launch equity solicitation procedure

SAS Scandinavian Airlines has received approval from the New York Southern District bankruptcy court to launch the equity solicitation procedure to raise fresh capital. The carrier has been preparing for this step , which is part of the SAS FORWARD…

Richard Schuurman
May 15, 2023

Airlines

SAS prepares for equity solicitation before April

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SAS Scandinavian Airlines expects to start the equity solicitation process no later than April which should result in attracting fresh funding from investors. This is a major step that, if successful, should lead to SAS exiting Chapter 11 restructuring in…

Richard Schuurman
February 24, 2023