Previous close | 2.2000 |
Open | 2.2000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 47.00 |
Expiry date | 2023-01-20 |
Day's range | 2.2000 - 2.2000 |
Contract range | N/A |
Volume | |
Open interest | 1.21k |
Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing through bankruptcy protection proceedings and sent its shares 9% higher on Monday. The airline, whose biggest owners are Sweden and Denmark, said on Sunday it had signed a deal with U.S. private equity firm Apollo Global Management for $700 million in financing to fund its reorganisation under U.S. Chapter 11 bankruptcy protection proceedings. SAS filed for the protection in July, a day after most of its pilots launched a crippling two-week strike over collective agreements.
(Bloomberg) -- SAS AB shares jumped in Stockholm trading after the Scandinavian airline reached a key goal in its restructuring plan by obtaining a $700 million loan from U.S. private equity firm Apollo Global Management Inc.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetHow the US Toppled the World’s Most Powerful Gold TraderWill Housing Prices Flatten — or Collapse?Ukraine Latest: First UN Wheat Cargo Sets Sail for EthiopiaUS Lawmakers Visit Taiwan After Pel
Apollo Global Management, Inc. ( NYSE:APO ) shares have had a really impressive month, gaining 25% after a shaky period...