Viking Prices Upsized IPO-February 2024-www.financetom.com

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Viking Prices Upsized IPO

May 1, 2024 2:47 AM

05:16 AM EDT, 05/01/2024 (MT Newswires) -- Viking Holdings Ltd ( VIK ) said Tuesday that it has priced its initial public offering of about 64 million ordinary shares at $24 per share, upsized from 44 million shares.

The company is offering 11 million ordinary shares directly, while the remaining shares are being offered by selling shareholders.

The selling shareholders have also granted the underwriters a 30-day option to buy up to an additional about 9.6 million ordinary shares to cover over-allotments.

The shares are expected to start trading on the New York Stock Exchange on Wednesday under the symbol "VIK". The offering is expected to close on Friday.

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