Norwegian Air Shuttle (NAS) is requesting to extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the attractive take-off and landing slots at London Gatwick Airport.The company is requesting an extension for NAS07 and NAS08 to November 2021 and February 2022, respectively. The company will in exchange offer the unsecured bondholders a security package consisting of a pledge over all shares in Norwegian Air Norway AS (NAN), which will hold the attractive take-off and landing slots at London Gatwick Airport. Norwegian’s Gatwick portfolio currently consists of take-off and landing slots which has
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