Norwegian Cruise Line Announces Closing of IPO

Norwegian Cruise Line Holdings (NCLH) today announced the closing of its previously announced initial public offering of 27,058,824 of its ordinary shares at a price of $19.00 per share. The number of shares sold includes 3,529,412 shares sold as a result of the full exercise by the underwriters of their option to purchase additional shares. The net proceeds of the offering, after deducting underwriting discounts and commissions and estimated expenses, were approximately $477.6 million.