SAS secures $700m financing to aid restructuring

SAS secures $700m financing to aid restructuring

Scandinavian airline SAS said it entered into an agreement with Apollo Global Management to raise $700m of fresh financing it needs to see it through bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help cut debt after the...
INVL nears €100m target for second sustainable agri fund

INVL nears €100m target for second sustainable agri fund

Lithuanian investment manager Invalda INVL has raised a further €22.9m for its fund targeting European forestry investments. The capital was raised through its fourth closing to investors on its Sustainable Timberland and Farmland Fund II (STAFF II).  The fund has...