COVID-19 pandemic: Kongsberg to raise EUR100 million to meet liquidity needs

News
COVID-19

Supplier says most of its plants are still operating, albeit at very low utilization levels

Kongsberg has announced that it intends to raise around EUR100 million through a mixture of convertible bonds and shares in order to meet the liquidity needs, it said in a press release on 3 April.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload