03-Sep-2019 9:34 AM
Norwegian Air Shuttle offers bondholders security in exchange for amended bond maturities
Direct News Source
Norwegian Air Shuttle ("NAS" or the "Company") is executing on its strategic plan from growth to profitability and cash generation. To ensure successful operations and adequate liquidity headroom, NAS is requesting to extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the attractive take-off and landing slots at London Gatwick Airport.
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This press release was sourced from Norwegian Air Shuttle ASA on 02-Sep-2019.