Upsized to $400m from $350m
The amount of shares to be issued was increased to approximately $400m from the previously announced $350m.
Underwriters' option
NCLH also granted the underwriters an option to purchase up to 5,454,545 additional shares. This option must be exercised by June 6.
The offering is expected to close May 8.
Goldman Sachs, Barclays Capital, Citigroup Global Markets, JP Morgan Securities, Mizuho Securities USA, Credit Agricole Securities (USA) and UBS Securities are acting as joint book-running managers.
On Tuesday NCLH closed at $11.18, down 22.6%. Shares were up in pre-market-open trading Wednesday.
52-week range
In the past 52 weeks the stock has traded as high as $59.78 and as low as $7.03.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Cruise News to your Google News feed.  |
