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.
