Hurtigruten Group – Increases the EUR 60 million letter of credit with EUR 33m to EUR 93m
Last changed: Wednesday, May 26, 2021 6:37 AM
Hurtigruten Group AS announces that the Group has secured an increase of EUR 33m in letter of credit capacity up to a total of EUR 93m. This increased LOC shall be mainly used to release restricted cash and further strengthen the Company’s financial flexibility with the expected lifting of travel restrictions and the ramp up of operations in Q3 2021.
For any questions please contact the Investor Relations team