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.

Follow Tom Stieghorst on Twitter @tstravelweekly. 
This page is protected by Copyright laws. Do Not Copy. Purchase Reprint
blog comments powered by Disqus

View Comment Guidelines

Please upgrade your Flash Player.
Please upgrade your Flash Player.

Travel Weekly Poll

Voices

  • Consumer media discover that travel agents do exist

    "Contrary to some thoughts, travel agents do exist ... We are usually able to get clients better prices, and we know we can see that clients have better experiences. And as our personal motto is: Our Service Travels With You."

    More»

TW Index: Most Active Stocks

Latest Top News:
Caribbean
Europe
Travel Weekly is on Facebook
Viewpoints For Travel Agents
Travel Weekly Topics