#Latest news with #convertibleLoanReuters12-05-2025BusinessReutersNorway converts part of loan to stake in Norwegian AirCOPENHAGEN, May 12 (Reuters) - Norway said on Monday Norwegian Air ( opens new tab would pay back half of a convertible loan to the state, and that the remainder of the state's shares in the loan would be converted into shares in the airline. The government said in a statement its stake in the airline would after the conversion total 6.37%. The state's shares in the convertible loan originates from Norwegian Air's reconstruction in 2021.
Reuters12-05-2025BusinessReutersNorway converts part of loan to stake in Norwegian AirCOPENHAGEN, May 12 (Reuters) - Norway said on Monday Norwegian Air ( opens new tab would pay back half of a convertible loan to the state, and that the remainder of the state's shares in the loan would be converted into shares in the airline. The government said in a statement its stake in the airline would after the conversion total 6.37%. The state's shares in the convertible loan originates from Norwegian Air's reconstruction in 2021.
12-05-2025
