NCL Announces a Second Round of Public Offerings of Stock

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Norwegian Cruise Lines (NCLH) successful IPO has spurred a second offering of common stock. UBS and Barclays will be underwriting it.

In  a S-1 filing obtained by Seatrade, the breakdown is as follows:

  • Genting HK (Star NCLC) offering 10m shares
  • Apollo Funds offering 7.5m shares
  • TPG Viking Funds offering 2.5m shares.

Genting HK’s stake in Norwegian Cruise Line Holdings will go from 43.4% to 38.5%, Apollo’s from 32.5% to 28.8% and TPG from 10.8% to 9.6%.

via seatrade