Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

NCLH prices underwritten public offering of 47.6m shares at $30/share

Article-NCLH prices underwritten public offering of 47.6m shares at $30/share

NCLH logo.jpg
Norwegian Cruise Line Holdings priced its underwritten public offering of 47,577,947 ordinary shares at $30 per share and will grant the underwriter an option to purchase up to 5m additional shares.

The company expects to use the net proceeds to repurchase all exchangeable senior notes due 2026, which are currently held by an affiliate of L Catterton, with any remaining net proceeds to be used for general corporate purposes.

Goldman Sachs underwriter

Goldman Sachs is acting as sole underwriter.

The offering is expected to close March 9.

NCLH closed at $32.90, down 23 cents on Thursday and shares were off more than 6% in pre-market-open trading Friday.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.