Scandinavian Airlines underwent DIP worth $700 million
Scandinavian Airlines (SAS) informed on August 14 that it experienced a debtor-in-possession (DIP) financing credit agreement that worth $ 700 million (USB), or 7.0 billion Swedish Krones respectively. The funds in discussion are under the management of the financial firm Apollo Global management. DIP financing is a specialized version of bridge financing. Companies that are […]