Norse Atlantic ASA – Private Placement of NOK 1,400 million and Euronext Growth Oslo listing
Norse Atlantic is a new innovative airline serving the low-cost, intercontinental market between popular European and US destinations with a fleet of modern, fuel-efficient and more environmentally friendly Boeing 787 Dreamliners.
The proceeds from the transaction will be used for lease deposits on up to 12 aircraft, funding of start-up costs including pre delivery OPEX, gross working capital, transaction costs, general corporate purposes including licenses and marketing costs. The first trading day on Euronext growth Oslo is expected to be on or about April 12th 2021.
We congratulate Norse Atlantic on the successful transaction and are grateful for the vote of confidence.
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