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Norwegian Cruise Line files for a $250 million IPO

July 15, 2011

Norwegian Cruise Line Holdings, which is leading global cruise line operator, filed on Friday with the SEC to raise up to $250 million in an initial public offering. Following a corporate reorganization, Norwegian Cruise Line Holdings will become the parent company of NCL Corporation, which had originally filed for an IPO in October 2010 and withdrew its offering on Friday. The Miami, FL-based company, which booked $2 billion in sales for the 12 months ended March 31, 2011, plans to list on the NASDAQ under the symbol NCLH. UBS Investment Bank, Barclays Capital, and Goldman, Sachs & Co. are the lead underwriters on the deal. No pricing terms were disclosed.