Norwegian gets rights issue support despite headwinds

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Equity
Follow-ons and Rights issues

Norwegian gets rights issue support despite headwinds

Aidan Gregory
March 12, 2019 01:00 pm
Norwegian_air_2_PA_230x150
EI-FJT Norwegian Air International Boeing 737-8JP (WL) at ground. Air traffic, fliegen.Luftfahrt. Franz Josef Strauss Airport in Munich.Munich. | usage worldwide | FrankHoermann/SVEN SIMON/DPA/PA Images

Norwegian Air Shuttle, the Norwegian airline, has priced its heavily discounted Nkr3bn (€308m) rights issue receiving a high take-up from shareholders, despite safety concerns over some of its fleet and heavy shorting of the stock.

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Topics

NordicsNorwayEquityEuropeDNB BankFollow-ons and Rights issuesEMEADanske BankSRI
AG
Aidan Gregory
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