Tue 08/20/2024 04:06 AM
Relevant Documents:
Q1 Results
Financial Report
Hurtigruten’s lenders have secured 51% economic rights of the Norwegian cruise ship operator as the company failed to refinance its outstanding €270 million senior secured notes due February 2025 by Aug. 15, sources familiar with the matter told Reorg.
The equity of the business has not been transferred to the lenders at this stage, the sources added.
Before Aug. 15, lenders already owned around 35% of the business. If...
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