On March 20, Norwegian has announced a contemplated private placement of shares with gross proceeds of up to NOK 1,300 million by issuing new ordinary shares in the Company.
Additional capital will boost competitiveness and protect existing and future investments in a market characterized by higher oil prices and fluctuating currencies.
The company is now positioning itself for the final stages of a strong growth period that has lasted for several years and will reach its peak by the second quarter of 2018.
