Carnegie Investment Bank is proud to have acted as Joint Bookrunner in connection with the NOK 250 million private placement in Flyr.
The private placement was part of a contemplated capital raise to potentially raise gross proceeds of up to NOK 700 million, comprising of a following subsequent offering and subscription rights to investors participating in the private placement and following subsequent offering.
The net proceeds from the private placement will be used to re-establish the company’s financial position to bring the company through Q1 2023, while the subsequent offering and any proceeds from the exercise of subscription rights will enable the company to be positioned to ramp-up for the coming spring and summer based on the company’s business plan and market assumptions.
Flyr is a Norwegian based low-cost carrier with a demand driven business model and a primary focus on the Norwegian market. The company targets a modern, digital, and efficient setup to ensure high operational efficiency through simplicity, optimized resource utilization and smart use of technology. Flyr AS is listed at Euronext Growth under the ticker FLYR.
Carnegie looks forward to continue to support CEO Tonje Wikstrøm Frislid, CFO Brede Huser, Erik Braathen, Tord Meling, and the rest of the Flyr team going forward.