Friday, July 15, 2011

Cruise Alert - NCL Files for IPO

Soon, U.S. Wall Street investors will be able to buy stock in Norwegian Cruise Line.  The company has filed for an Initial Public Offering to sell $250 million in common shares on the New York Stock Exchange.   No word yet (that I saw) on what their symbol will be.  (NCL is already in use by Nuveen Insured California Premium Income Municipal Fund.)

This will mean that the three main players in the U.S. cruise market will now be on the ticker.

The cruise line has said it also has plans for listing on the NASDAQ, as NCLH.

Wonder if NCL will be offering discounts or OBC's to stockholders?

1 Comment:

ChadH said...

Good to know. I wonder if NCL will offer incentives like Carnival and RCL for room credit if you own 100 shares.