Plan of reorganization in SAS AB’s company reorganization announced
SAS AB (publ) (the “Company”) announces the plan of reorganization in the Company’s ongoing company reorganization proceeding (Sw. företagsrekonstruktion) in Sweden (the “Reorganization Plan”). The Reorganization Plan has today been distributed to affected parties, and the Company intends to request that the Stockholm District Court (the “Court”) decide to open plan proceedings in short order. The Reorganization Plan includes, inter alia, a description of the Company’s debt settlement proposal and proposed resolutions on the Company’s (i) issuance of new unlisted shares to the new investors (