WOW air bondholders approve to convert their bonds to equity

Lauren Eldershaw
By Lauren Eldershaw March 27, 2019 15:47

WOW air bondholders approve to convert their bonds to equity

WOW air bondholders have formally approved to convert their bonds into equity and the airline confirmed that formal discussions with investors have begun its funding needs. WOW Air described the agreement as an “important milestone in financially restructuring the company and secure the long-term sustainability of WOW air”.

Lauren Eldershaw
By Lauren Eldershaw March 27, 2019 15:47