April 5 (Reuters) - Viking Holdings saw a 50% jump in

revenue last year but swung to a loss, the cruise travel company

revealed on Friday in its paperwork for an initial public

offering in the United States.

The company, backed by private equity firm TPG and

the Canada Pension Plan Investment Board, is gearing up for a

listing when the IPO market is rebounding after a two-year dry

spell.

Increasing hopes of a soft landing for the economy, coupled

with a rally in the stock market and the strong performance of

Reddit ( RDDT ) after its IPO, is encouraging more companies to

seek a listing.

Founded in 1997, Viking purchased Europe's KD River Cruises

to grow its fleet in 2000. The company expanded to the U.S.

market the same year and now has a fleet of more than 90

vessels, its website showed.

Total revenue was $4.71 billion in 2023 compared with $3.18

billion a year earlier, the company said. Net loss in the same

period was $1.86 billion, versus a profit of $398.5 million in

2022.

The company is seeking to list its shares on the New York

Stock Exchange under the symbol "VIK".

BofA Securities, J.P. Morgan, UBS Investment Bank, Wells

Fargo Securities, HSBC and Morgan Stanley are the lead

underwriters for the IPO.