NEW YORK – November 8, 2023 – SAS recently announced that it had entered into an investment agreement with the winning bidder consortium in its exit financing solicitation process. Seabury Capital (“Seabury”) served as restructuring advisor to SAS.

“The Seabury team is proud to be supporting SAS in its current restructuring efforts, which have reached another key milestone with this important investment agreement. As they move forward, SAS’ strong and capable team is well positioned to remain at the forefront of the airline industry and meet the challenges of tomorrow,” said John E. Luth, Chairman, President & CEO of Seabury Capital Group.

Read the official announcement at: https://www.sasgroup.net/newsroom/press-releases/2023/sas-enters-into-investment-agreement-and-replacement-facility-for-existing-debtor-in-possession-financing/

ABOUT SEABURY CAPITAL GROUP

Seabury Capital Group LLC (“Seabury”) is headquartered in New York City with a global presence with professionals around the world. It operates a number of specialty finance, investment banking, technology, and software companies with a core focus anchored in aviation, aerospace & defense, and financial services & technology. www.seaburycapital.com.