Norwegian Cruise Line Holdings Ltd. Announces Full Exercise of Greenshoe Option for Ordinary Shares

MIAMI, July 20, 2020 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”) announced today that, in connection with its previously announced public offering of 16,666,667 ordinary shares of the Company at a price to the public of $15.00 per share, the underwriters have notified the Company of their intent to purchase an additional 2,500,000 ordinary shares pursuant to the full exercise of their option to acquire additional ordinary shares (the “Option Shares”). The Company will issue an aggregate amount of 19,166,667 ordinary shares in the offering, including the Option Shares.

The offering of the ordinary shares, including the Option Shares, is expected to close on July 21, 2020, subject to customary closing conditions. The Company expects to use the net proceeds from the offering for general corporate purposes.

J.P. Morgan, Citigroup, Goldman Sachs & Co. LLC, Barclays, Mizuho Securities and UBS Investment Bank are acting as joint book-running managers for the offering. 

The offering is being made under an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission (“SEC”) on May 5, 2020.  The offering may be made only by means of a prospectus supplement and an accompanying base prospectus. A preliminary prospectus supplement and accompanying base prospectus relating to the offering have been filed, and a final prospectus supplement will be filed, with the SEC and will be available on the SEC’s website at www.sec.gov, copies of which may be obtained by contacting J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: [phone], or by emailing [e-mail].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration and qualification under the securities laws of such state or jurisdiction.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which 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. The Company will introduce nine additional ships through 2027.