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Norwegian Air Shuttle ASA ( (GB:0FGH) ) has provided an announcement.
Norwegian Air Shuttle ASA has announced its decision to exercise the call option to redeem all outstanding bonds under its FRN perpetual subordinated convertible bond loan, totaling NOK 1.5 billion. This strategic financial move is set to impact the company’s financial structure by repaying the bonds at a premium, potentially affecting its cash flow and financial planning leading up to the repayment date in June 2025.
More about Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA operates in the airline industry, providing air travel services primarily across Europe. The company is known for its low-cost flights and has a significant market presence in the Nordic countries.
YTD Price Performance: 25.45%
Average Trading Volume: 7,274,259
Current Market Cap: NOK13.3B
See more data about 0FGH stock on TipRanks’ Stock Analysis page.