Uppdrag | 29 Aug 2024
Setterwalls advises in relation to investment in SAS
Setterwalls has acted as Swedish counsel, together with Bech-Bruun as lead counsel and Latham & Watkins as US counsel, to Lind Invest throughout the process in which SAS has completed a successful restructuring in both the US (Chapter 11) and Sweden, including a large investment from a consortium consisting of Lind Invest, Castlelake, Air France-KLM and the Danish State.
Headquartered in Stockholm, SAS (Scandinavian Airlines) is the largest airline in Scandinavia.
Lind Invest ApS is a Danish investment company based in Aarhus. The company was founded by Henrik Lind in 2002.
Lind Invest, Castlelake, Air France-KLM and the Danish State have invested a total amount of USD 1,200m, which includes USD 475m in new unlisted shares and USD 725m in convertible debt.
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Verksamhetsområde:
Equity Capital Markets, Corporate law, Mergers & Acquisitions, Private Equity, Transport