Apollo, Genting HK, TPG launch secondary offering of NCLH shares

The offering, by Apollo Global Management, Star NCLC Holdings (Genting Hong Kong) and TPG Global, is underwritten by Goldman, Sachs.

Following the offering, the three companies will hold a collective approximately 32.8% of NCLH's outstanding shares.

Apollo's stake would go to 17.1% from 20.6%, Genting HK's to 13.3% from 17.7% and TPG's to 2.3% from 3.2%.

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