SAS AB’s plan of reorganization in Sweden approved – applies for a conditional delisting of all common shares and commercial hybrid bonds
SAS AB (publ) (the “Company”) announces that the Stockholm District Court has approved the Company’s plan of reorganization (the “Reorganization Plan”) in its company reorganization proceeding in Sweden (Sw. företagsrekonstruktion). As a result of the Reorganization Plan, and in line with what has been previously communicated, all of the Company’s existing common shares and listed commercial hybrid bonds will be redeemed and cancelled in connection with SAS’ emergence from its restructuring proceedings. Against this background, the Company has today applied for the delisting of its existing