Sweden to convert SAS debt but refrains from injecting new capital
Published on: Monday 06 June 2022
Sweden’s government is proposing that it be authorised to enter a debt-to-equity swap to provide financial assistance to flag-carrier SAS. But it will not supply fresh capital to the struggling airline. Swedish trade and industry minister Karl-Petter Thorwaldsson disclosed the proposal on 7 June. It would require the legislature to approve conversion of SKr2.5 billion
