SAS issues MSEK 1,500 unsecured bond
SAS AB (publ) has successfully issued a senior unsecured bond on the Nordic capital market. The bond amounts to MSEK 1,500, pays a fixed coupon of 5.375% and has a tenor of 5 years with a final maturity on 24 November 2022. The bond was well over subscribed and the proceeds will be used to refinance debt and general corporate purposes. SAS intends to list the bond at NASDAQ OMX Stockholm. “We are pleased with the strong demand from investors and this further confirms the market’s increased confidence in SAS” says Jan Torberger, Group Treasurer SAS. Danske Bank and Nordea Bank acted