LOS
ANGELES, April 30, 2024 /PRNewswire/ -- Viking
Holdings Ltd ("Viking") today announced the pricing of its upsized
initial public offering of an aggregate of 64,041,668 ordinary
shares at a public offering price of $24.00 per share. Viking is offering 11,000,000
ordinary shares and the selling shareholders are offering
53,041,668 ordinary shares. In addition, the selling shareholders
have granted the underwriters a 30-day option to purchase up to an
additional 9,606,248 ordinary shares to cover over-allotments at
the initial public offering price, less underwriting discounts and
commissions. Viking will not receive any proceeds from any sale of
shares by the selling shareholders. The ordinary shares are
expected to begin trading on the New York Stock Exchange on
May 1, 2024 under the symbol "VIK"
and the offering is expected to close on May
3, 2024, subject to customary closing conditions.
BofA Securities and J.P. Morgan (listed in alphabetical order)
are acting as lead underwriters and representatives for the
proposed offering. UBS Investment Bank and Wells Fargo Securities
are also acting as lead book-running managers. HSBC and Morgan
Stanley are acting as bookrunners for the proposed offering, and
Rothschild & Co, Stifel, Drexel
Hamilton, LLC, Loop Capital Markets LLC and R. Seelaus &
Co., LLC are acting as co-managers for the proposed offering.
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission and was declared
effective on April 30, 2024. The
proposed offering will be made only by means of a prospectus,
copies of which may be obtained, when available, from: BofA
Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001,
Attention: Prospectus Department, telephone: 1-800-294-1322, or
email: dg.prospectus_requests@bofa.com; and J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717,
telephone: 1-866-803-9204, or email:
prospectus-eq_fi@jpmorgan.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Viking
Viking was founded in 1997 and provides destination-focused
journeys on rivers, oceans and lakes around the world. Designed for
curious travelers with interests in science, history, culture and
cuisine, Viking offers experiences for The Thinking Person™.
Contact
Public Relations
Email: vikingpr@edelman.com
Investor Relations
Email: investorrelations@viking.com
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SOURCE Viking