May 2024
Conyers provided Bermuda law advice to Viking Holdings Ltd (“Viking”) on its initial public offering (“IPO”) on the New York Stock Exchange (“NYSE”). With US$1.77 billion of shares sold to the market, Viking’s IPO is the biggest US stock market debut of 2024.
The offering is a significant milestone for Viking, and the firm is proud to have played a key role throughout the IPO process. Conyers provided comprehensive legal advice and guidance throughout the IPO process, ensuring compliance with Bermuda corporate regulatory requirements.
Viking’s shares commenced trading on the NYSE on Wednesday 1 May 2024 under the symbol “VIK”.
Director Jason Piney, Director Robert Alexander, Senior Associate Andrew Barnes and Associate Kathleen McBeath of Conyers’ Bermuda office advised on the matter, working alongside Skadden, Arps, Slate, Meagher & Flom LLP.
BofA Securities, J.P. Morgan, UBS Investment Bank, Wells Fargo Securities, HSBC and Morgan Stanley acted as the lead underwriters for the IPO.