hondorner Posted January 23, 2014 #1 Share Posted January 23, 2014 http://www.seatrade-insider.com/news/news-headlines/prestige-cruise-holdings-files-for-ipo.html Good news! I'll be in line to get shares... Link to comment Share on other sites More sharing options...
orchestrapal Posted January 23, 2014 #2 Share Posted January 23, 2014 http://www.seatrade-insider.com/news/news-headlines/prestige-cruise-holdings-files-for-ipo.html Good news! I'll be in line to get shares... Since they do not plan to pay any dividends hopefully they will give shareholders great discounts!:D Link to comment Share on other sites More sharing options...
YoHoHo Posted January 23, 2014 #3 Share Posted January 23, 2014 (edited) With the increasing cruise fares and the rebalancing of the low-end especially, and the increases in ancillary services I thought this might be happening sooner than later. Now that Marina and Riviera have been successfully launched and a proven track record this does seem like a good time. Interesting the relatively small amount there wanting to raise compared with the amount of debt they have. 'testing the waters' with this offering perhaps. No dividends though.:( I wonder if will they be offering a shareholder benefit - that would be interesting. Edited January 23, 2014 by YoHoHo Link to comment Share on other sites More sharing options...
buggins0402 Posted January 23, 2014 #4 Share Posted January 23, 2014 Yes, that is a lot of debt with "interesting" rates (L + 5.75). Seems rich, but I don't know what going rates are for cruise lines. Wonder what the the "related party" debt is? Link to comment Share on other sites More sharing options...
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