Norwegian Cruise Line Holdings’ $277 Million Ordinary Shares Offering

Davis Polk advised the representatives of the underwriters in connection with the offering.

Norwegian Cruise Line Holdings Ltd. (“NCLH”) executed the offering of 19,166,667 of its ordinary shares (including 2,500,000 ordinary shares issued in connection with the full exercise by the underwriters of their option to purchase additional ordinary shares) that raised approximately $277 million in gross proceeds.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Barclays Capital Inc., Mizuho Securities USA LLC, UBS Securities LLC, BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., and SG Americas Securities, LLC acred as underwriters for the offering.

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. NCL Corporation Ltd. (“NCLC”) is a subsidiary of NCLH. NCLH’s shares are traded on the New York Stock Exchange.

The Davis Polk team advising the underwriters included partner John B. Meade (Picture), counsel Jeffrey S. Ramsay and associates Yoojin Nairn-Kim, Moses Farzan Nekou and Christine Choi. Partner Po Sit and associate Erin van Wesenbeeck provided U.S. tax advice.

Involved fees earner: Christine Choi – Davis Polk & Wardwell; Moses Farzan Nekou – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Yoojin Nairn-Kim – Davis Polk & Wardwell; Jeffrey Ramsay – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell; Erin van Wesenbeeck – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Capital ; BNP Paribas Securities; Citigroup Global Markets Ltd; Credit Agricole Securities (USA) Inc.; Goldman Sachs & Co.; HSBC Securities; J.P. Morgan Securities LLC; Mizuho Securities; SG Americas Securities LLC; UBS Securities LLC;

Author: Ambrogio Visconti