Scandinavian LCC Norwegian Air Shuttle has secured some financial breathing space, after its bondholders voted in favor of changes to their investment terms. Norwegian has been seeking to delay the repayment of two unsecured bonds, NAS07 and NAS08, to ensure sufficient liquidity for the coming winter. The company wanted to extend the maturity date of NAS07 from December 2019 to November 2021, while NAS08—due in August 2020—would be pushed back to February 2022. In return for ...

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