Brief: Norse Atlantic Gets $15 Mln Investment Via Equity, Loan, Extended Loan Maturity Of Existing Loan

Norse Atlantic ASA

29/11/2024 06:42

Nov 29 (Reuters) - Norse Atlantic ASA  NORSE.OL :
    * HAS SECURED AROUND $15 MILLION IN NEW CAPITAL THROUGH
EQUITY,
DEBT INVESTMENT BY ITS FOUNDING SHAREHOLDER, B T LARSEN & CO LTD
    * PRIVATE PLACEMENT OF NEW SHARES FOR BTLCO RAISING GROSS
PROCEEDS
OF NOK 96,392,880, SHAREHOLDER LOAN OF APPROX. $6.3 MILLION
PROVIDED BY BTLCO
    * BTLCO SUBSCRIBES FOR 19,278,576 NEW SHARES AT A
SUBSCRIPTION
PRICE OF NOK 5.00 PER SHARE, REPRESENTING A PREMIUM OF ABOUT 30%
COMPARED TO CLOSING PRICE OF CO'S SHARES ON EURONEXT EXPAND
YESTERDAY

Source text:  ID:nWkrbB2bWW 
Further company coverage:  NORSE.OL 

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