Wednesday, 9 January 2013

Norwegian sets IPO price


Norwegian sets IPO price

By Tom Stieghorst
Norwegian Cruise Line Holdings Ltd., the company planning to take Norwegian Cruise Lines public, set a price range of $16 to $18 a share for the stock.

The offering would raise about $370 million, which would be used mainly to pay off debt, the company said in a disclosure statement issued on Jan. 2.

In a statement Tuesday, Norwegian said it plans to sell 23.5 million shares, which it will seek to list on the NASDAQ exchange under the symbol NCLH.