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Viking Holdings Ltd Sets Sail Towards Public Market with Planned IPO

Los Angeles-Based Viking Holdings Ltd Announces Preliminary IPO Details

LOS ANGELES, April 5, 2024 – Viking Holdings Ltd, the renowned global travel company, has today revealed its intentions to enter the public market sphere, disclosing that a registration statement on Form F-1 has been filed with the U.S. Securities and Exchange Commission, marking the commencement of a highly anticipated initial public offering (IPO) process for its ordinary shares. While specific details related to the amount of shares and the price range remain forthcoming, the buzz generated by this announcement underscores Viking's significant growth and its potential impact on the travel industry.

Enthusiasm may be high, but the company underlined that finalization of the IPO is contingent upon prevailing market conditions. The degree of certainty concerning the completion, size, and terms of the offering remains fluid at this juncture. Viking's management team, however, is optimistic about its outlook and plans to list its ordinary shares on the New York Stock Exchange, enhancing its visibility and prestige by adopting the ticker symbol "VIK."

Joining forces to facilitate this major strategic milestone are notable names in the financial services sector. BofA Securities together with J.P. Morgan, are steering the IPO as leading underwriters and representatives. They are supported by UBS Investment Bank and Wells Fargo Securities as lead book-running managers. In the meantime, HSBC and Morgan Stanley are also contributing as bookrunners, with Rothschild & Co and Stifel providing their expertise as co-managers for the forthcoming offering.

Accessing the Preliminary Prospectus for Viking’s IPO

Prospective investors and the public will have the opportunity to delve into the financial and strategic facets of Viking through the preliminary prospectus. Upon its release, individuals can direct their requests to BofA Securities located at NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina, or by reaching out to the Prospectus Department via telephone at 1-800-294-1322, or through email at [email protected]. Additionally, inquiries can be directed to J.P. Morgan Securities LLC, situated at Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York, reached by telephone at 1-866-803-9204, or communicated via email to [email protected].

It is essential to recognize that the registration statement by Viking remains pending approval and has not yet entered into effect; consequently, the securities associated with the IPO cannot be legally sold or bought until its official activation. Viking’s announcement reiterates this legal boundary, underscoring that the press release should not be misconstrued as an offer to sell or as a request for an offer to buy the securities. Sales or offers of these securities are expressly forbidden in any state or jurisdiction where such transactions would violate the securities laws prior to fulfilling the registration or qualification requirements.

Unveiling Viking: A Leader in Destination-Focused Journeys

Delving into the essence of Viking Holdings Ltd, it was founded in 1997 and has dedicated itself to delivering exceptional, destination-focused journeys across the globe. Whether traversing rivers, oceans, or lakes, Viking curates unique traveling experiences that cater specifically to the intellectually curious individuals who harbor a passion for science, history, culture, and cuisine. Christened as the haven for The Thinking Person™, Viking continues to redefine travel by prioritizing in-depth exploration over surface-level tourism.

Providing enriching experiences that forge deep connections with the destinations visited, Viking has established itself firmly within the travel industry. It remains steadfast in its commitment to explorative authenticity, blending immersive experiences with luxury and enlightened learning, thereby attracting a distinguished clientele keen on both adventure and cultural appreciation.

Viking's decision to transition into a publicly-traded entity comes at a time when global travel is experiencing a resurgence. The company’s proposition to extend its success with the general public via an IPO reflects both the strength and the ambition that has powered the organization over the past decades.

As its fleet, destinations, and offerings have expanded, Viking has consistently secured its position at the forefront of luxury travel. The planned IPO is a natural progression for a company seeking to scale greater heights while inviting public investment into the narrative of its success.

Contacting Prospective Underwriters for the Viking IPO

For additional details on the proposed Viking IPO or to obtain copies of the preliminary prospectus when available, interested parties are encouraged to contact the respective underwriting firms directly. Contacting BofA Securities or J.P. Morgan will provide potential investors with a foundational understanding of the company’s financial health and strategic trajectory, as is detailed in the initial public offering documents.

The responsibility of ensuring that the IPO adheres to the highest standards of regulatory compliance rests heavily on the shoulders of the underwriting team. The importance of the collaboration between Viking and these storied financial institutions cannot be overstated, highlighting the gravitas of Viking’s inauguration into the world of publicly-traded companies.

As this process unfolds, transparency and adherence to legal protocols will be paramount. The detailed prospectus serves not only as a formal introduction of Viking to prospective investors but also as a critical document ensuring that all aspects of the offering are presented clearly and in compliance with the stringent SEC regulations.

A Historical Look at Viking's Foundational Values and Future Prospects

Viking’s longstanding commitment to curated experiences for travelers is deeply rooted in its foundation over a quarter-century ago. The company's evolution has been a testament to its adherence to core values, focusing on deep cultural connections and enriching educational opportunities. These attributes have set Viking apart in an industry where personalized and thoughtful travel experiences are increasingly sought after.

Looking ahead, the company is poised to continue capitalizing on the growing global appetite for meaningful travel. With the potential influx of investment from the public market, Viking aims to expand its presence further, innovate its offerings, and continue to deliver on its promise of exceptional travel for the discerning explorer.

Recognizing the potential for growth, Viking's move to become a public entity brings with it a host of opportunities for expansion, innovation, and reinvigoration of its brand and services. The IPO represents not just an important financial milestone but also a strategic one, signaling Viking's readiness to embrace the future while staying true to the ethos that has brought it enduring success.

Viking's IPO: A Voyage for Investment and Growth

The impending IPO serves as a beacon for potential investors who value robust growth prospects, a solid track record of operational excellence, and a forward-looking vision. Viking's journey towards public trading will be meticulously charted, with great care to navigate the intricacies of financial markets and investor expectations.

As Viking embarks on this new chapter, the travel industry and investment community alike will be watching with interest to see how this venerable company will translate its success in the realm of private operation into a compelling narrative for public shareholders.

Prospective investors are encouraged to follow the development of Viking's IPO closely, as it may provide a unique opportunity to participate in the ongoing success story of a company that has redefined luxury and educational travel.

In Summary: Viking's IPO Embarks on Uncharted Waters

Viking's announcement of their planned IPO is an invitation to the world to join in their journey of growth and exploration. With their unique positioning in the luxury travel market and their commitment to delivering experiences that captivate the minds and hearts of travelers, Viking is poised to make a splash on the New York Stock Exchange.

The pivotal step towards becoming a publicly-traded company will bring new challenges but also unparallel opportunities for Viking. As they chart a course towards the public market, Viking remains dedicated to offering unparalleled journeys that enrich the lives of their guests.

For further information or to express interest in Viking's IPO, the contact details provided for BofA Securities ([email protected]) and J.P. Morgan ([email protected]) serve as crucial links for potential stakeholders to engage with Viking's promising venture into the public market.

As we await further details on the terms and timing of Viking's IPO, the anticipation among investors and industry observers signifies more than just another company going public; it heralds the sharing of a proven philosophy of travel that values depth, discovery, and immersive cultural experiences. Viking Holdings Ltd is setting its course for new horizons, and the market is awaiting its arrival with open arms.

In the grand voyage that is global finance and industry, the Viking Holdings Ltd IPO signals a flagship event. It bodes well not just for the company and its future shareholders but also for the very notion that business success and a commitment to intellectual enrichment and cultural connectivity can go hand in hand. Viking's prospective public offering is more than an investment opportunity; it's a charter into a future where the travel industry and corporate innovation sail in tandem towards expansive, unexplored territories.

With the foundations laid and the course charted, all that remains is for Viking Holdings Ltd to raise its sails and embark on what many hope will be an auspicious journey. A journey that will undoubtedly redefine not only its own destiny but potentially the contours of the global travel industry at large.

Viking Holdings Ltd is navigating the complex waters of public markets with the confidence of a seasoned traveler. Its IPO is the vessel through which it seeks to journey with new partners, new investors, and a reinvigorated spirit of exploration. The coming months will reveal whether this storied company can match the success of its private endeavors in the public arena. As the winds shift in favor of global travel recovery, Viking's sails are unfurled, ready to catch the gusts that will carry it forth into a future as vast and promising as the seas it traverses.