Viking explores IPO

2024-04-14T14:38:05+00:00 April 14th, 2024|Finance|

Viking Holdings has publicly filed a registration statement with the US Securities and Exchange Commission (SEC) regarding a proposed initial public offering (IPO) of its ordinary shares.

The number of ordinary shares to be offered and the price range have not yet been determined.

The IPO is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering, the cruise company stressed.

Viking intends to list its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol ‘VIK.’

BofA Securities and JP Morgan 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 and Stifel are acting as co-managers for the proposed offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective, the company added.

Viking was founded in 1997 and provides destination-focused journeys on rivers, oceans and lakes worldwide. Designed for curious travellers with interests in science, history, culture and cuisine, Viking offers experiences for The Thinking Person.