Market Overview

Norwegian Cruise Line Prices 22M Share Secondary Offering by Principal Shareholders at $33.25/Share

Norwegian Cruise Line Holdings (Nasdaq: NCLH) announced today the pricing of a secondary public offering of 22 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") at a price of $33.25 per ordinary share. The Selling Shareholders have granted the underwriters a 30-day option to purchase an aggregate of up to 3.3 million additional ordinary shares. Norwegian is not selling any ordinary shares in the offering and will not receive any of the proceeds from the offering.

UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, Nomura and SunTrust Robinson Humphrey are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective on December 3, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.

The

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Posted-In: News Guidance Offerings Contracts Management Global

 

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