Norwegian Cruise Line Holdings Ltd., the listed parent company of Norwegian Cruise Line, has announced 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 said yesterday they would sell.
The shares are offered 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," Norwegian said.
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.
Norwegian Cruise Holdings went public on Nasdaq in New York a year ago and its IPO was priced at $19.00 per share.
