Norse Atlantic Airways debuts on Euronext Growth Oslo

19 April, 2021

Norse Atlantic Airways debuted (12-Apr-2021) on Euronext Growth Oslo on 12-Apr-2021. As previously reported by CAPA, the start-up raised NOK1275 million (EUR127.7 million) through the issue of new shares and an overallotment option, bringing the total proceeds raised in the offering to NOK1.4 billion (EUR140.2 million). The new shares were sold at NOK20 (EUR2) and the company's market capitalisation was NOK1475 million (EUR147.7 million) on the day of listing. Norse Atlantic CEO Bjørn Tore Larsen said the listing is "An important milestone in our pursuit of becoming a leader in the international low cost, long haul market… Our announced entry to the market has sparked tremendous interest among aviation professionals in Europe and the US who want to come work for us". [more - original PR]