Norwegian raises enough capital to exit bankruptcy

Norwegian 737-800 c Shutterstock

Source: Shutterstock.com

Norwegian has raised the NKr6 billion ($718 million) in fresh capital required to exit its restructuring process later this month, after a private placement of new shares was “significantly oversubscribed”.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now