April 30, 2020 / 2:11 PM / a month ago

Norwegian Air makes final offer to bondholders in bid to save company

OSLO, April 30 (Reuters) - Norwegian Air had made a final, revised offer to bondholders, it said on Thursday, improving conditions of a debt swap in the hope of receiving backing for the plan designed to help the indebted carrier survive the COVID-19 pandemic.

A vote had originally been expected to take place after 1400 GMT on Thursday, but the deadline has now been postponed to 2100 GMT, Norwegian Air said. (Reporting by Victoria Klesty and Terje Solsvik, editing by Gwladys Fouche)

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