March 30, 2022 - Reference is made to the stock exchange release published by
Norwegian Air Shuttle ASA (the "Company") on March 23, 2022, regarding a
contemplated buy-back of the zero-coupon senior unsecured NOK 3,758,929,771 bond
issue maturing 30.09.2026 (Retained Claims Bonds with ISIN NO0010996457).
The "Reverse Dutch Auction" closed at 16:00 CEST, March 29, 2022. The Company
has decided to accept all offers up to and including a price of 66.000% of par
value (the "Buy-Back Price").
The Company hereby confirms to buy back bonds with a total nominal value of NOK
44,611,470 by paying the Buy-Back Price. Cash settlement for the repurchase is
expected to occur on Tuesday, April 5, 2022. Following the buy-back, the Company
holds zero-coupon Retained Claims Bonds (ISIN: NO0010996457) for a total nominal
amount of NOK 44,611,470. The acquired bonds will be cancelled following
settlement.
DNB Markets acted as Manager for the buy-back.
For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA
Tel: +47 906 64 401
Fornebu, 30 March, 2022
Norwegian Air Shuttle ASA
Important information: The release is not for publication or distribution, in
whole or in part directly or indirectly, in or into Australia, Canada, Japan or
the United States (including its territories and possessions, any state of the
United States and the District of Columbia) or in any other jurisdiction where
such publication or distribution is unlawful.
This release is an announcement issued pursuant to legal information obligations
and is subject of the disclosure requirements pursuant to the Market Abuse
Regulation (MAR) Article 17 no. 1 and section 5-12 of the Norwegian Securities
Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at
Norwegian Air Shuttle ASA, tel. +47 906 64 401. It is issued for information
purposes only, and does not constitute or form part of any offer or solicitation
to purchase or subscribe for securities, in the United States or in any other
jurisdiction. The securities mentioned herein have not been, and will not be,
registered under the United States Securities Act of 1933, as amended (the "US
Securities Act"). The securities may not be offered or sold in the United States
except pursuant to an exemption from the registration requirements of the US
Securities Act.