SAS Scandinavia Airlines Boeing 737-700
SAS Scandinavian Airlines said it has received strong interest from investors in its issue earlier this month of approximately seven million preference shares with a value of SEK3.5 billion ($540 million). “The demand has exceeded our expectations several times over and has resulted in significant oversubscription,” SAS CEO Rickard Gustafson said. “The issue will provide the appropriate conditions for SAS to reach its financial targets ahead of what would otherwise have ...
Subscribe to Access this Entire Article
"SAS Scandinavian Airlines strengthens balance sheet " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.