Cruise operator NCL launches Nasdaq bid

NCL Corporation, which is half-owned by Genting Hong Kong, would list on the Nasdaq and launched an IPO on Tuesday, Genting announced yesterday.

NCL, a Norwegian cruise operator, would offer up to 27.06 million shares at US$16 to US$18 apiece, announced Genting, a Hong Kong-listed cruise operator and casino investor.

Assuming an offer price of US$17 per share, NCL expected to raise US$370 million of net proceeds from its listing, its IPO prospectus said.

via Business feed http://www.scmp.com/business/companies/article/1123324/cruise-operator-ncl-launches-nasdaq-bid