WOW completes bond offer

 WOW air have completed their bond offer and the bond class amounts to 60 million Euros. Ten million will be sold to investors. This has just been announced by the company. 

"We are thankful for the great support the company has received throughout this process and to everyone who took part in the tender. The results are a great incentive to us at WOW to keep up our good work and to further strengthen international flights and travel services in Iceland," said director Skúli Mogensen in the announcement. 

Paretho Securities have sent the following information to investors:

Pareto Securities hefur sent eftirfarandi upplýsingar á fjárfesta:

*** WOW air - New Bond Issue - Book is closed ***

Tenor…………………3yrs

Issue Size……………EUR 60mm

Coupon………………3m Euribor +9% (Euribor floor at zero) + warrants

Allocations will be out this evening

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