Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Wednesday, March 27, 2019

Two More Ships on Order for Princess

Carnival and Fincantieri have finalized a contract for two 175,000-ton ships for their Princess brand which will be delivered in late 2023 and the spring of 2025. An MOA was signed for the ships last July.

The ships will be a next-generation design (probably indicating there will be further orders by Carnival) carrying approximately 4,300 passengers and powered by LNG.

Details appeared in the March 27 issue of Cruise News Daily.



Friday, May 12, 2017

Other Things You'll Want to Know - May 12, 2017

CND subscribers also read about:
  • Three crew members arrested on Island Princess.
  • Cunard's Queen Victoria arrived at Fincantieri's Palermo yard for her monthlong dry dock.
Details appeared in the May 12 edition of Cruise News Daily. 


Friday, February 28, 2014

Arison to Sell 10 Million Carnival Shares

Carnival Corp said this morning that Micky Arison will sell up to 10 million shares of Carnival Corp representing up to approximately 1% of the total combined voting rights of the company. Arison said he is selling the shares "for tax planning, estate planning and diversification purposes."

Five million of the shares were sold this morning at a price of $39.50. The remaining five million will be sold over the next 15 months in accordance with SEC rules. 

Even after the sale of the 10 million shares, the Arison family and related entities will still control approximately 188 million shares of Carnival Corp, which is approximately 24% of the combined voting rights of Carnival Corp.

Thursday, February 6, 2014

Royal Caribbean Goes Better with Coke

Royal Caribbean Appoints John F. Brock To Board Of Directors

MIAMI, Feb. 5, 2014 - Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today announced the appointment of John F. Brock, chairman and CEO, Coca-Cola Enterprises Inc., to its Board of Directors, effective immediately.

"John's demonstrated leadership skills and his broad and impressive executive experience in the international beverage industry will help us to deliver long term value for shareholders," said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. "We warmly welcome him to the board."

Mr. Brock has been Chairman of Coca-Cola Enterprises since April 2008 and CEO since April 2006. Before that, he served as CEO of InBev, S.A., a global brewer, from 2003 to 2005 and as COO of Cadbury Schweppes plc, from 1999 to 2002. Mr. Brock also has significant Board experience, having previously served on the boards of Dow Jones & Company, Campbell's Soup Company, InBev, Cadbury Schweppes, and Reed Elsevier.

Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) is a global cruise vacation company that owns Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisieres de France, as well as TUI Cruises through a 50 percent joint venture. Together, these six brands operate a combined total of 41 ships with an additional six under construction contracts. They operate diverse itineraries around the world that call on approximately 490 destinations on all seven continents. Additional information can be found on www.royalcaribbean.com, www.celebritycruises.com, www.pullmantur.es, www.azamaraclubcruises.com, www.cdfcroisieresdefrance.com or www.rclinvestor.com.

Source Royal Caribbean Cruises Ltd.

Wednesday, August 14, 2013

NCL Closes Secondary Public Offering by Principal Shareholders

Norwegian Cruise Line Announces Closing of Secondary Public Offering by Principal Shareholders

MIAMI, Aug. 14, 2013  -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the closing of a previously announced secondary public offering of 23 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") at a price of $29.75 per ordinary share. The number of ordinary shares includes 3,000,000 ordinary shares sold as a result of the full exercise by the underwriters of their option to purchase additional ordinary shares. Norwegian did not sell any ordinary shares in the offering and did not receive any of the proceeds from the offering.

UBS Investment Bank and Barclays acted as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan also acted as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura acted as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective on August 8, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.

The offering is being made only by means of a written prospectus forming part of the registration statement. A copy of the final prospectus relating to the offering has been filed with the SEC and may be obtained by contacting:

UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge
(888) 603-5847


This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.

Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.



Thursday, August 8, 2013

NCL Announces Pricing of Secondary Public Offering

Norwegian Cruise Line Announces Pricing of Secondary Public Offering by Principal Shareholders

MIAMI, Aug. 8, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the pricing of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") at a price of $29.75 per ordinary share. The Selling Shareholders have granted the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian is not selling any ordinary shares in the offering and will not receive any of the proceeds from the offering.

UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.

A registration statement relating to these securities has been filed with, and declared effective on August 8, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.

The offering is being made only by means of a written prospectus forming part of the registration statement. A copy of the final prospectus relating to the offering will be filed with the SEC and may be obtained by contacting:

UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.com
(888) 603-5847

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.

Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.

Source: Norwegian Cruise Line Holdings

Wednesday, August 7, 2013

NCL Announces Secondary Public Offering

Norwegian Cruise Line Announces Launch of Secondary Public Offering by Principal Shareholders

MIAMI, Aug. 7, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the launch of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). The Selling Shareholders will grant the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian will not sell any ordinary shares in the offering and will not receive any of the proceeds from the offering.

UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.

The offering of these ordinary shares will be made only by means of a prospectus. A written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained here or by contacting:

UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.com
(888) 603-5847

A registration statement relating to these securities has been filed with the SEC, but has not yet been declared effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
 
About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.
 
Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.

Source: Norwegian Cruise Line Holdings