The shares are priced at $56.
Morgan Stanley is acting as the sole underwriter.
Concurrently, NCLH has agreed to repurchase from Morgan Stanley shares that are being sold by Apollo and Genting HK having an aggregate purchase price of approximately $263.5m, at a price per share equal to that paid by the underwriter to the selling shareholders.
The share buyback is part of NCLH’s existing $500m share repurchase program.
NCLH is not selling shares in the offering and will not receive any of the proceeds.
Following the sale Apollo's stake in NCLH will go from 11.14% to 7.02%, while Genting HK's will shrink from 5.64% to 1.4%.
NCLH closed at $56.27, down $1.68, on Tuesday.
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