Judge OKs $700M SAS Ch. 11 Finance Deal Despite Concerns

By Rick Archer (September 9, 2022, 7:55 PM EDT) -- A New York bankruptcy judge Friday gave Scandinavian airline SAS AB approval to take out $700 million in Chapter 11 financing, despite what he said were concerns about plan provisions granting the lender the right to make offers for the airline's equity....

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