SAS issues MSEK 1,500 unsecured bond
September 19, 2013 08:00
The SAS Group’s parent company, SAS AB, issues an unsecured senior bond on the Nordic capital markets. The bond amounts to MSEK 1,500, pays a fixed coupon of 9.00% and has a tenor of approximately 4 years with a final maturity in November 2017.
The bond was significantly over subscribed. SAS intends to list the bond at NASDAQ OMX Stockholm.