Norwegian Air raises 6 bln crowns in new capital

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Norwegian Air raises 6 bln crowns in new capital


OSLO, Might 21 (Reuters)Norwegian Air NORR.OL has raised the 6 billion Norwegian crowns ($714.07 million) in contemporary capital it aimed for by way of the sale of perpetual bonds, new shares and a rights problem, the corporate mentioned on Friday.

The funds airline got down to increase the sum as a part of a scheme to emerge from chapter safety in Eire and Norway on Might 26, with the courts demanding it should increase at the least 4.5 billion crowns.

($1 = 8.4025 Norwegian crowns)

(Reporting by Victoria Klesty, modifying by Louise Heavens)

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