Low-cost carrier Norwegian Air Shuttle has completed a NOK1 billion ($136 million) unsecured bond issue, which will mature in May 2018. The settlement date for the loan is expected to be May 20. The airline said that net proceeds from the bond issue would be used for “general corporate purposes.” An application will be made to list the bonds on the Oslo Stock Exchange. TAM Airline’s first A350 XWB in final assembly Arctic Securities, Danske Bank Markets and DNB ...

Subscribe to Access this Entire Article

"Norwegian $136 million unsecured bond issue oversubscribed" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.