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Swedish parliament gives nod to SAS debt conversion plan

Norway could allow airline SAS to convert debt to equity
Norway could allow airline SAS to convert debt to equity Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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STOCKHOLM - Sweden's parliament on Tuesday approved a proposal by the government to allow loss-making airline SAS to convert debt borrowed from the state into equity, as part of a process to help rescue the carrier from collapse.

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