Brief: Norse Atlantic To Raise $110 Mln Through Rights Issue, Withdraws 2026 Outlook

Norse Atlantic ASA

15/04/2026 07:50

April 15 (Reuters) - Norse Atlantic ASA NORSE.OL:

SAID ON TUESDAY NORSE ATLANTIC ANNOUNCES FULLY UNDERWRITTEN USD 110 MILLION RIGHTS ISSUE, COST-SAVING MEASURES, BALANCE SHEET RESET, AND LAUNCH OF STRATEGIC REVIEW

SUBSCRIPTION PRICE OF NOK 0.5 PER SHARE

IT HAS OBTAINED A USD 70 MILLION BRIDGE LOAN FACILITY TO FUND THE COMPANY'S LIQUIDITY NEEDS

STRATEGIC REVIEW, EXPECTED TO BE CONCLUDED WITHIN 2026

STRATEGIC ALTERNATIVES MAY INCLUDE A SALE, MERGER OR PARTNERSHIP

DUE TO THE CONTINUED MARKET UNCERTAINTY, PARTICULARLY RELATED TO FUEL PRICES, THE COMPANY WITHDRAWS THE 2026 OUTLOOK

Source text: ID:nObisnfkda

Further company coverage: NORSE.OL

 (Gdansk Newsroom)

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