Finance

Norse Atlantic secures $20 million shareholder loan

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Norse Atlantic secures $20 million shareholder loan

Norse Atlantic Airways has secured additional liquidity (in the form of a £20 million revolving credit facility) from two of its largest shareholders, Scorpio Holdings and B T Larsen & Co. Scorpio Holdings currently holds 21.22% of Norse’s issued shares, while BT Larsen & Co – which is ...

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