May 2024
Conyers is pleased to announce the firm’s role in advising Viking Holdings Ltd, a Bermuda incorporated company, (“Viking”) on its highly anticipated initial public offering (“IPO”) on the New York Stock Exchange (“NYSE”). With US$1.77 billion of shares sold to the market, the offering is the biggest U.S. stock market debut of 2024.
Viking’s shares commenced trading on the NYSE on Wednesday 1 May 2024 under the symbol “VIK”.
Viking was founded in 1997 and provides destination-focused journeys on rivers, oceans and lakes around the world.
Conyers provided comprehensive legal advice and guidance throughout the IPO process, ensuring compliance with Bermuda corporate regulatory requirements. Viking’s debut on the NYSE reflects investor confidence in the company’s growth prospects and market positioning.
Commenting on the successful IPO, Director Jason Piney remarked, “It is a privilege to have supported Viking. This IPO represents the culmination of our longstanding partnership and exemplifies Conyers’ commitment to delivering exceptional legal services to our clients.”
Additionally, Christian Luthi, Chairman of Conyers noted, “Viking’s IPO represents a wonderful achievement for the Viking Group. We are proud to continue to support it with top-tier legal expertise, corporate administration and fiduciary services as the Group enters this new phase of its impressive growth.”