NCL Raises $446.5 million in IPO Offering

NCL has announced that they beat their goal of $16-18 /share and came in at $19 /share. This yields them a net of  $446.5 million. Their target revenue was only $400 million.

The owners on Norwegian Cruise Lines, Genting, Apollo, and TGP still will retain 88.3% of voting power and no one shareholder is allowed to own more than 4.9%

Congrats to NCL.