Norwegian Air Shuttle ASA, founded in 1993 and headquartered in Fornebu, Norway, is a low-cost carrier focused on providing affordable air travel across Europe and beyond. The airline operates a fleet of modern aircraft and offers a range of services, including both domestic and international flights, as well as various ancillary services aimed at enhancing the travel experience.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NASNO 0.00% 2026-09-30 NOKNorwegian Air Shuttle ASA | Norway | 2026-09-30 | 0.000 | 5.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Norwegian has engaged in several significant bond issuances since its debut in the market in 2013, notably raising substantial capital to fund fleet expansion and operational expenses. One of the most significant issuances was in 2018 when the company issued a convertible bond, allowing investors to convert debt into equity if certain conditions were met. As of 2023, Norwegian's bond yields have remained relatively competitive compared to industry peers, reflecting investor confidence despite the challenges faced by the airline sector. Recent news includes a successful restructuring effort that allowed the airline to emerge from bankruptcy, impacting its bond outlook positively.