Norwegian update on capital raise

In a market update, Norwegian has confirmed that the upper limit for raising capital has been increased to NOK 6 billion. “The capital raise has been revised to between 4.5 and 6 billion kroner, this is due to several factors. We want to take a conservative approach at a time when the pandemic and travel restrictions continue to create unpredictability in the travel sector. Therefore, we must take this uncertainty into account in our forward planning strategy. At the same time, we have also taken into consideration feedback from investors, as well as dialogue with our board” said Jacob Schram,