SAS defers interest payment on perpetual capital securities as part of the SAS FORWARD plan and the ongoing chapter 11 process
SAS AB (publ) (“SAS” or the “Company”) will defer the interest payments due October 23 and 26, 2023, respectively, on its perpetual capital securities, as part of the Company’s SAS FORWARD plan and voluntary chapter 11 process in the U.S. The deferral of interest payment is made in accordance with the terms and conditions for the respective capital securities.This means that SAS defers the approximately SEK 68.1 million semi-annual interest payment due October 23, 2023 on its outstanding SEK 1,615 million perpetual capital securities with ISIN SE0014957999, and the approximately SEK 258.1