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SAS AB (publ) (SAS.ST)

Stockholm - Stockholm Real Time Price. Currency in SEK
0.4800-0.0040 (-0.83%)
At close: 05:29PM CET
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Neutralpattern detected
Previous Close0.4840
Open0.4900
Bid0.4792 x 0
Ask0.4850 x 0
Day's Range0.4780 - 0.4940
52 Week Range0.4300 - 1.6910
Volume16,355,721
Avg. Volume12,395,498
Market Cap3.488B
Beta (5Y Monthly)0.94
PE Ratio (TTM)N/A
EPS (TTM)-4.9170
Earnings DateFeb 24, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.10
  • Reuters

    Scandinavian airline SAS gets U.S. court approval for $700 million financing

    The approved credit agreement is a part of the airline's bankruptcy protection process and its terms will be substantially similar to those announced on Aug. 14, SAS said. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection in July as pilots went on a two-week strike, hoping to emerge within nine to 12 months as a more competitive airline. Some analysts have said that Apollo could become a major shareholder in SAS by converting the loan to equity at the end of the Chapter 11 process.

  • Reuters

    Scandinavian airline SAS gets U.S. court approval for $700 mln financing

    Bankrupt Scandinavian airline SAS AB on Friday said it has received U.S. court approval for $700 million of debtor-in-possession (DIP) financing from funds managed by private equity firm Apollo Global Management. The approved credit agreement is a part of the airline's bankruptcy protection process and its terms will be substantially similar to those announced on Aug. 14, SAS said. Long-struggling SAS, ravaged by the pandemic and pressured by low-cost rivals, sought bankruptcy protection in July as pilots went on a two-week strike, hoping to emerge within nine to 12 months as a more competitive airline.

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