Norwegian Cruise Line group, which owns Norwegian Cruise Line (NCL) and NCL America, plans to raise $250 million in an initial public offering, media reports say.

 

Norwegian Cruise Line Holdings, a new group parent, has filed an application with US Securities and Exchanges Commission to go public on Nasdaq. Its shares are planned to be traded under the symbol NCLH once the listing has taken place, the reports say.

 

NCL currently operates ten vessels and NCL America one ship. In addition, NCL has two 143,000 gross ton newbuildings on order at the Meyer Werft in Germany. NCL group's present owners are Genting Hong Kong, previously known as Star Cruises, and the US based private equity groups Apollo and TPG Viking Fund.