OSLO, Sept 11 (Reuters) - Norwegian Air said onWednesday it had a preliminary indication that enoughbondholders will accept the amended terms it has sought for anextension on repaying two of its bonds.
The loss-making budget airline asked bondholders on Sept. 2for up to two more years to pay back $380 million of unsecureddebt, the latest attempt to shore up its finances.
The airline said it had confirmation from its financialadvisors of "reasonable visibility of the receipt of positivevoting undertakings and proxies representing more than 2/3 ofthe total voting bonds relating to NAS07 and NAS08".
It added that the calculation of the number of votes ispreliminary only and remains subject to potential adjustments.
Norwegian Air said on Tuesday it would propose to change thepremium payable in connection with voluntary repayment, known asa call, for NAS07 and NAS08 bonds.
It said it would increase the call price to 105%, keepingthe redemption price at 105% at maturity.
The company's bonds, which mature in December 2019 andAugust 2020, will be extended to November 2021 and February 2022if the bondholders agree to the new terms.
A bondholders' meeting will take place on Sept. 16, whenthe final result will be announced.(Reporting by Victoria Klesty;Editing by Alexander Smith)