TIMELINE-Norwegian Air targets relaunch with debt-for-equity deal
Norwegian Air plans to convert
up to $4.3 billion of its debt into equity and to issue new
shares as it seeks to stay in business following the COVID-19
outbreak that has grounded almost all of its fleet.
up to $4.3 billion of its debt into equity and to issue new
shares as it seeks to stay in business following the COVID-19
outbreak that has grounded almost all of its fleet.
Posted by Reuters
