Hurtigruten Group receives 100% support for the Comprehensive Recapitalisation Transaction under the Lock-up Agreement

On 12 December 2023, Hurtigruten Group AS (the “Company”, and together with its subsidiaries, the “Group”) announced its comprehensive recapitalisation transaction (the “Transaction”) and that the Group had entered into a Lock-up Agreement in connection with the Transaction. All capitalised terms in this announcement shall have the meaning given to them in the 12 December 2023 announcement unless otherwise defined. 

The Company is pleased to announce that creditors holding 100% of the total commitments under the senior term facilities agreement and the senior note facility agreement have become a party to the Lock-Up Agreement in accordance with the terms of the Lock-Up Agreement. As a result, the Company will now proceed to implement the Transaction on a consensual basis.