2012-11-08 — /travelprnews.com/ — On 30 October 2012, SAS announced that it was in negotiations regarding the extension and amount of its revolving credit facility and backstop bilateral facilities, as well as a positive preliminary Q3 result. The finalization of SAS’ comprehensive plan to address the company’s cost structure and complete asset disposals is an essential part of these negotiations.
SAS has materially advanced these negotiations and the plan, and both are expected to be finalized within a few days. Therefore, the company has decided to delay the release of its Q3 results to no later than on 12 November 2012 at 08.00 CET, when it will announce the outcome of these negotiations and the plan along with its final Q3 results.
SAS Communication, Sweden, Tel: +46 8 797 2944
SAS is publishing this information in accordance with the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act and corresponding Danish and Norwegian legislation. This information was submitted for publication on November 8, 2012 at 08.00 CET.
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