Written procedure cancelled
As announced in a press release dated 29 November 2018 the acquisition of Icelandair Group of WOW air (The “Acquisition”), based on a purchase agreement signed on November 5th, has been cancelled. The share purchase agreement contained certain conditions for the completion of the acquisition, including that certain amendments and waivers should be made in relation to the terms and conditions for the Company's up to EUR 100,000,000 Senior Secured Floating Rate Bonds 2018/2021 with ISIN: NO0010832785 (the "Bonds"). On the 9th of November WOW air initiated a written procedure where bondholders