As part of SAS FORWARD Plan, SAS defers interest payment on perpetual capital securities


&#13
&#13

As portion of the SAS Forward Plan, outlined in the SAS AB (publ) (SAS or the “Company”) in connection with the Q1 effects, SAS will defer the interest payments owing 25 and 26 April 2022 on its Cash Securities. The deferral of interest payment is created in accordance with the terms and ailments for the respective Money Securities

&#13
&#13

This suggests that SAS defers the SEK 36 m semi-annual desire payment owing 25 April 2022 on its outstanding SEK 1,615 bn perpetual capital securities with ISIN SE0014957999 and the SEK 138 m semi-once-a-year desire payment due 26 April 2022 on its in aggregate exceptional SEK 6 bn subordinated perpetual funds securities with ISIN SE0014958005 and SE0014958013 (jointly, the “Capital Securities”). 

&#13
&#13

SAS Ahead Prepare is developed to safe lengthy-term competitiveness and financial energy. The achievement of the plan and the skill to catch the attention of likely new funds depends on SAS absolutely obtaining the charge reduction strategy which in change relies upon upon SAS stakeholders’ total participation.

&#13
&#13

A extra in depth update on the development of the SAS Ahead System, will be printed afterwards in April.

&#13
&#13

SAS, Scandinavia’s foremost airline, with most important hubs in Copenhagen, Oslo and Stockholm, is traveling to places in Europe, United states and Asia. Spurred by a Scandinavian heritage and sustainable values, SAS aims to be the world-wide chief in sustainable aviation. We will cut down complete carbon emissions by 25 per cent by 2025, by using extra sustainable aviation fuel and our modern day fleet with fuel-successful aircraft. In addition to flight functions, SAS provides floor dealing with expert services, technological routine maintenance and air cargo products and services. SAS is a founder member of the Star Alliance™, and collectively with its lover airlines provides a broad community globally. Learn more at https://www.sasgroup.net

&#13
&#13

This is information that SAS AB is obliged to make community pursuant to the EU Market Abuse Regulation. The information was submitted for publication by Louise Bergström at 03:00 p.m. CET on April 7, 2022.

( Push Launch Image: https://photographs.webwire.com/prmedia/7/287551/287551-1.png )

WebWireID287551

This news written content was configured by WebWire editorial personnel. Linking is permitted.

News Launch Distribution and Push Launch Distribution Solutions Offered by WebWire.

Catalina Island Winery: Rusack Vineyards Previous post Catalina Island Winery: Rusack Vineyards
Next post Sarasota Realtor Honored with National Recognition