Norse Atlantic completes nearly USD150m private placement

29 March, 2021

Norse Atlantic Airways completed (26-Mar-2021) a NOK1275 million (USD148.5 million) share placement through the allocation of 63.75 million new shares in the company at NOK20 (USD2.3) per share. The placement was multiple times oversubscribed with "very strong interest" from Nordic and international investors. The company confirmed plans to list on Euronext Growth Oslo subject to completion of the placement and Oslo Stock Exchange approval. [more - original PR] [more - original PR - II]