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.