Norwegian Cruise Line Set to Join S&P 500; Pacific Premier Bancorp to Join S&P SmallCap 600

NEW YORK, Oct. 4, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes in the S&P 500 and S&P SmallCap 600 indices:

• Norwegian Cruise Line Holdings Ltd. (NASD: NCLH) will replace Level 3 Communications Inc. (NYSE: LVLT) in the S&P 500 effective before the open of trading on Friday, October 13. S&P 500 constituent CenturyLink Inc. (NYSE: CTL) is acquiring Level 3 Communications in a deal expected to be completed on or about that date pending final approvals. Post acquisition, CenturyLink will change its Global Industry Classification Standard (GICS) Sub-Industry group from Integrated Telecommunication Services to Alternative Carriers.
  
  
• Pacific Premier Bancorp Inc. (NASD: PPBI) will replace Parkway Inc. (NYSE: PKY) in the S&P SmallCap 600 effective before the open of trading on Thursday, October 12. Canada Pension Investment Board is acquiring Parkway in a deal expected to be completed on or about that date pending final approvals.

Norwegian Cruise Line Holdings operates as a cruise company.  Headquartered in Miami, FL, the company will be added to the S&P 500 GICS Hotels, Resorts & Cruise Lines Sub-Industry index.

Pacific Premier Bancorp provides banking services to businesses, professionals, real estate investors, and non-profit organizations. Headquartered in Irvine, CA, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – OCTOBER 12, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Pacific Premier Bancorp	Financials	Regional Banks
DELETED	Parkway	Real Estate	Office REITs
S&P 500 INDEX – OCTOBER 13, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Norwegian Cruise Line	Consumer Discretionary	Hotels, Resorts & Cruise Lines
DELETED	Level 3 Communications	Telecommunication Services	Alternative Carriers

For more information about S&P Dow Jones Indices, please visit www.spdji.com.

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FOR MORE INFORMATION:

S&P Dow Jones Indices
[e-mail]

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
([phone]
[e-mail]

Soogyung Jordan
Global Head of Communications
New York, USA
([phone]
[e-mail]

Luke Shane
North America Communications
New York, USA
([phone]
[e-mail]

Haw-Yan Man
EMEA Communications
London, UK
([phone]
[e-mail]

Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
([phone]
[e-mail]

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SOURCE S&P Dow Jones Indices

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