Norse Atlantic finalizes $30m convertible bond issuance

Norse Atlantic ASA announced that its board of directors has passed all necessary resolutions to finalize the issuance of senior unsecured convertible bonds, making the conversion rights and all other associated rights effective. This decision aligns with the authorization granted by the company's extraordinary general meeting held on September 9, 2025.

The bond issue, first announced on August 21, 2025, involved a successful private placement of new 2-year senior unsecured convertible bonds, generating gross proceeds of $30 million for the airline.

Norse Atlantic ASA expects the convertible loan to be officially registered with the Norwegian Register of Business Enterprises on or about September 11, 2025. Investors seeking further information can contact cfo Anders Hall Jomaas.