Viking Cruises Ltd Announces Pricing of Private Offering of $720 Million of Senior Notes
Summary
LOS ANGELES, June 26, 2023 /PRNewswire/ -- Viking Cruises Ltd ("Viking") today announced that it has priced its private offering of $720 million aggregate principal amount of 9.125% Senior Notes due 2031 (the "Notes"). Any redemption would be made solely pursuant to the notice of redemption delivered pursuant to the indenture governing the 2025 Secured Notes and the information in this press release is qualified in its entirety by such notice.The Notes are being offered only to persons reasonably believed to be "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons outside the United States under Regulation S under the Securities Act. This press release also does not constitute a notice of redemption under the optional redemption provisions of the indenture governing the 2025 Secured Notes.This press release contains statements regarding beliefs and expectations of the outcome of future events that are forward-looking statements, including, without limitation, statements with respect to the use of proceeds of the Notes. Viking takes no responsibility for updating the information contained in this press release following the date hereof to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.Viking was founded in 1997 and provides destination-focused journeys on rivers, oceans and lakes around the world. Designed for experienced travelers with interests in science, history, culture and cuisine, Chairman Torstein Hagen often says Viking offers experiences for The Thinking Person.