AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Norwegian Air Shuttle ASA

Capital/Financing Update Jan 8, 2024

3690_rns_2024-01-08_a16f7b9b-c55d-4414-947a-71338f5ae06e.html

Capital/Financing Update

Open in Viewer

Opens in native device viewer

Summons to written resolution – Proposed amendment to the senior unsecured bonds, supported by more than 2/3 of the bondholders

Summons to written resolution – Proposed amendment to the senior unsecured bonds, supported by more than 2/3 of the bondholders

Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) has today instructed Nordic Trustee AS to summon a written resolution for the Company’s senior unsecured bonds maturing 30 September 2026 (ISIN NO 001 0996457) (the “Retained Claims Bonds”).

The purpose of the written resolution is to consider a proposal for certain amendments to the bond terms (the “Proposal”) following the acquisition of Widerøe, the regional Norwegian carrier. The Proposal will facilitate operational flexibility for Widerøe and ascertaining stand-alone financing in order to support Widerøe as a separate business unit.

The Company has received the support of more than 2/3 of the bondholders.

The written resolution, including details of the Proposal, is attached to this release.

The Company has retained DNB Markets as Financial Advisor with respect to the Proposal.

For further information, please contact:

Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA

Fornebu, 8 January 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Talk to a Data Expert

Have a question? We'll get back to you promptly.