Sponsored By

Secondary offering of Viking shares priced at $31/share

A secondary offering of 30m Viking Holdings shares was priced at $31 per share.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

September 12, 2024

1 Min Read
LOGO: VIKING

At a Glance

  • Underwriters have an option to purchase up to 4.5m additional shares
  • Offering expected to close Sept. 13

Two major holders, the Canada Pension Plan Investment Board and TPG VII Valhalla Holdings, are offering the shares.

They've granted the underwriters a 30-day option to purchase up to 4.5m additional shares.

Viking is not offering any shares and will not receive any proceeds.

The offering is expected to close Sept. 13.

Underwriters

BofA Securities and J.P. Morgan are the lead underwriters and representatives, with UBS Investment Bank and Wells Fargo Securities the lead book-running managers. HSBC and Morgan Stanley are bookrunners, and Rothschild & Co., Stifel, Drexel Hamilton, Loop Capital Markets and R. Seelaus & Co. are co-managers.

VIK closed at $31.58, up 30 cents on Wednesday.

Read more about:

Viking

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

The latest cruise news, analysis and more straight to your inbox
Get the free newsletter read by industry experts

You May Also Like