Norwegian announces secondary offering of 20m shares by major holders

Norwegian is not selling any ordinary shares in the offering nor will it receive any of the proceeds. The total number of Norwegian ordinary shares outstanding will not change as a result of the offering.

Goldman, Sachs is acting as the sole underwriter.

Following the completion of the offering, Apollo, Genting HK and TPG Viking will together hold approximately 41.4% of the NCLH outstanding shares.

Genting HK is offering 10m shares, Apollo 7.5m and TPG Viking 2.5m.

Apollo's stake will go from 23.8% to 20.5%, Genting HK's from 22% to 17.7% and TPG Viking's from 4.3% to 3.2%.

The secondary offering was announced after market close Tuesday. NCLH shares had ended the day at $57.30, up $1.81 or 3.26% before falling nearly 4% in after-hours trading.