SAS is coming into the ultimate spherical of Chapter 11, offering a bailout to current shareholders and pushing to get unsecured collectors to approve the US chapter course of. They’ve somewhat change left over.
SAS has up to date the chapter course of within the US. Competing collectors are left with pennies.Picture: Johan Nilsson /TT Information Company/Reuters/NTBPrinted February 5, 2024, at 4:01 AMUp to date on February 5, 2024, at 04:12
SAS distributes crumbs amongst unsecured collectors and insists on an settlement
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