Europe

Norwegian converts $1.9 million lease debt into perpetual bonds

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Norwegian converts $1.9 million lease debt into perpetual bonds

Norwegian has reached an agreement to convert approximately $1.9 million of lease debt into perpetual bonds. These may be converted into approximately 4.7 million ordinary shares in the company at a conversion price of NOK 4.24919. Norwegian has also agreed to convert future end-of-lease maintenance...

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