Finance

Viking Holdings Ltd Triumphs with Successful Initial Public Offering

LOS ANGELES, May 3, 2024 - In an exciting development within the financial community, Viking Holdings Ltd ("Viking"), a distinguished company known for its immersive travel experiences, has proudly announced the successful closure of its initial public offering (IPO). A substantial total of 73,647,916 ordinary shares were offered to the public at an established price of $24.00 per share, which includes shares offered by both the company and its selling shareholders.

Viking Holdings Ltd made an impressive entrance onto the New York Stock Exchange on May 1, 2024, trading under the ticker symbol "VIK", signaling a new chapter in its corporate narrative. In this widely anticipated move, Viking itself offered 11,000,000 shares, while existing shareholders contributed an additional 62,647,916 shares to the public domain. This figure included the maximum issuance of shares available for underwriter purchase - an option, which was fully exercised, adding 9,606,248 shares to the offering pool.

Lead Banks Spearhead IPO Drive

The orchestrating efforts for this financial feat were led by esteemed financial institutions, with BofA Securities and J.P. Morgan acting as the primary lead underwriters and offering representatives. The consortium of banks managing the offering was further strengthened by the inclusion of UBS Investment Bank and Wells Fargo Securities, which functioned as lead book-running managers. This pivotal role demands acute market forecasting and comprehensive understanding of investor demand, both of which these banks are exceptionally equipped to handle.

Supporting the aforementioned industry titans were a selection of renowned banks serving as bookrunners, including HSBC and Morgan Stanley. Their collective expertise significantly contributed to the offering's success. Additionally, an assembly of co-managers comprised of Rothschild & Co, Stifel, Drexel Hamilton, LLC, Loop Capital Markets LLC and R. Seelaus & Co., LLC offered their specialized services, fortifying the offering’s structure and outreach.

Detailed Offering Information and Contacts

Leading up to this momentous event, Viking Holdings had meticulously prepared registration statements which were filed with the Securities and Exchange Commission (SEC) and had subsequently became effective as of April 30, 2024. The intricate details and nuances of the offering were encapsulated within a prospectus. Interested parties desiring an in-depth gaze into the intricacies of the offering could direct their requests to BofA Securities, whose Prospectus Department is easily reachable by mail in Charlotte, North Carolina. Their team could also be contacted through telephone enquiries, or by initiating email correspondence at [email protected]

Furthermore, J.P. Morgan Securities LLC opened its doors to the potential investors from Edgewood, New York, ensuring that all interested entities have ready access to information regarding the IPO. They, too, implemented telephone and email communication channels, with the latter accessible via [email protected]

It is of utmost importance to clarify that this press release is not to be construed as an offer to sell, nor a solicitation of an offer to buy these securities, and it should also be noted that any such transactions would not take place in any jurisdiction where such an event would contravene the legal precedents set by the local securities laws.

A Voyage into Viking's Genesis

Founded in the year 1997, Viking has since established itself as a beacon within the travel industry, providing distinctive journeys that span across rivers, oceans, and lakes of our planet. Its holistic approach to travel experiences caters to the intellectual curiosity of its clients, focusing on elements such as science, history, culture, and cuisine, and thus fulfilling the desires of The Thinking Person™.

Viking’s offerings have been meticulously designed to kindle the exploratory spirit, inviting travelers on odysseys that not only traverse geographical landscapes but also the expansive terrains of knowledge and personal growth.

Building Bridges between Viking and the Public

With open channels of communication paramount to Viking’s business ethos, contact details for their Public Relations department were shared, inviting dialogue via the email [email protected] In parallel, the Investor Relations department of Viking Holdings Ltd also remained accessible to address financial queries and investor interests, contactable via the email [email protected]

Contact and Further Information

For readers and potential investors seeking additional details regarding Viking’s offerings or the recent IPO, the company encourages direct contact through the email channels provided. Moreover, for a company that has continuously sailed through the ebbs and flows of the travel industry with aplomb, Viking’s IPO success not only marks an epoch in its own history but also sets a precedent for the industry at large.

For further detailed inquiries and to view the prospectus related to this offering, interested parties may reach out to the primary contacts for a comprehensive understanding:

BofA Securities Phone: 1-800-294-1322 Email: [email protected]

J.P. Morgan Securities LLC Phone: 1-866-803-9204 Email: [email protected]

In surfacing the new prospects that this IPO heralds, Viking stands poised to navigate not just the physical vastness of terrestrial and aquatic realms, but also the amplitude of possibilities now unlocked with this influx of public investment. As Viking charts a course laden with renewed potential for innovations in travel, their team reflects a fusion of seasoned expertise and an unwavering commitment to deliver enriching adventures that resonate with the erudite traveler seeking to understand the world in a profound context.

Viking's maneuver into the public sphere through the IPO substantiates their lasting footprint in the industry, primed to capitalize on a burgeoning global appetite for travel that transcends mere leisure and taps into the essence of cultural immersion and intellectual enrichment. This achievement stands as a testament to the company's robust foundation, strategic acumen, and the unwavering vision that has seen it emerge as a vanguard of the modern travel industry.

As the world becomes progressively interconnected, the allure for adventure and discovery burgeons correspondingly. With Viking's expanded horizons, patrons can anticipate a suite of enhanced odysseys, fostering an environment wherein every expedition is not just a journey across waters, but an expedition into the depths of culture, history, and personal insight. This upward trajectory is one that not only resonates with the ethos of the discerning traveler but echoes the potential that Viking Holdings envisions for the future of travel.

Viking now embarks on their newest voyage with a robust tailwind following the culmination of their IPO, their sails billowing with the aspirations and support of countless investors and adventurers alike. Boasting a fleet of financial backers as diverse as the destinations it traverses, Viking seeks to redefine the concept of travel, transforming it into an enterprise of collective and cognitive exploration. This, under the auspices of their intellectual brand - The Thinking Person™ - becomes more than a tagline; it is an invitation to partake in a grand venture that is both a discovery of self and the world beyond.

The successful execution of their initial public offering is but the prologue to Viking's unfolding narrative that promises to captivate and enrich the curious minds that choose to embark upon the journeys it offers. In the end, the endeavor is a collective one, where each traveler, each investor, and each dreamer plays an integral role in steering Viking's vessel into the future – a future where the only compass necessary is an innate desire for knowledge and a relentless passion for the uncharted.

As the sun sets on another day, with Viking's ships quietly docked after their day’s voyage, the hearts of those touched by the company’s vision beat in anticipation of the dawns to come. For it is within these serene moments of reflection that the true impact of Viking's journey is felt - a journey that has not only transcended waters but also elevated the human spirit to new pinnacles.

As Viking continues to push the boundaries of what defines extraordinary travel experiences, their success in the financial realm is a beacon of what lies ahead. Their sails, filled with the winds of possibility and the whispers of distant shores, signify the promise of journeys that are yet to be written in the logs of adventure and in the annals of history.

Through this IPO, Viking's fleet is now empowered to cast even wider nets into the vast ocean of human experience, ensuring that those aboard their ships are not merely passengers, but active participants in an ongoing odyssey of discovery and enlightenment. For Viking, the horizon is not a boundary, but a beckoning – a calling to those who seek to know the world and themselves.

In sum, Viking Holdings Ltd's debut on the New York Stock Exchange is a prelude to a symphony of exploration that Viking and its voyagers will compose together. It is this spirit of collaboration and inquiry that Viking embraces as it navigates towards tomorrow, steering towards the infinite with the knowledge that every journey is an opportunity to uncover another layer of the world's vast tapestry.

For Additional Information: If you wish to learn more about Viking’s offerings or have any inquiries pertaining to the initial public offering, you are encouraged to reach out to the contacts mentioned above. May your quest for knowledge and adventure be as boundless as the seas Viking sails upon.

Viking Holdings Ltd - [email protected] Public Relations - [email protected] Investor Relations - [email protected]

Conclusion

In this evolving narrative of heritage and innovation, Viking Holdings Ltd invites the world to witness the unfolding chapters of its story. Amidst the triumphs and challenges that characterize the high seas of the global marketplace, Viking sails forth, epitomizing the spirit of aspiration and collective achievement. With the completion of its initial public offering, Viking has unfurled its sails to the winds of potential and progress, charting a course towards an even more illustrious and impactful future.