Norwegian Cruise Line $1.4 billion share offering
Davis Polk advised the underwriter in connection with an SEC-registered offering by Norwegian Cruise Line Holdings Ltd. (“NCLH”) of 47,577,947 of its ordinary shares that raised approximately $1.4 billion in gross proceeds.
NCLH is a leading global cruise company that operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with approximately 59,150 berths, these brands offer itineraries to more than 490 destinations worldwide. NCLH's shares are traded on the New York Stock Exchange.
The Davis Polk capital markets team included partner John B. Meade and associate Moses Farzan Nekou. Partner Po Sit and associate Eitan Ulmer provided U.S. tax advice. Partner Jonathan Cooklin and counsel Dominic Foulkes provided U.K. tax advice. Members of the Davis Polk team are based in the New York and London offices.