NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES
Norwegian Air Shuttle ASA (the “Issuer”) has today given notice to Nordic Trustee AS, as the Bond Trustee in respect of NO0010996390 Norwegian Air Shuttle ASA FRN senior secured NOK 750,000,000 bonds 2021/2026 of the exercise of a Call Option for all of the Bonds, in accordance with Clause 10.2 (Voluntary early redemption – Call Option) of the terms and conditions of the Bonds (the “Bond Terms”).
The Issuer will exercise the Call Option and redeem the Bonds in whole at a price equal to 105% (one hundred and five per cent) of par, plus accrued interest on the redeemed Bonds as of the Call Option Repayment Date. The proposed Call Option Repayment Date shall be 7 September 2023 and the Relevant Record Date shall be 5 September 2023.