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Norwegian Air gets bondholder deal on $1.2 billion debt-for-equity swap

05/03/2020 Comments Off on Norwegian Air gets bondholder deal on $1.2 billion debt-for-equity swap

OSLO (Reuters) – Norwegian Air (NWC.OL) said on Sunday it had secured support from enough bondholders for a $1.2 billion debt-for-equity swap, a vital step in helping it survive the coronavirus crisis. The budget airline is poised to run out

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