Norwegian Cruise launches secondary offering

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Shares of Norwegian Cruise Line Holdings Ltd. fell more than 4% in the extended session Tuesday after the cruise operator said it had started a secondary offer of 40 million ordinary shares. Net proceeds from the offering will be used for general corporate purposes, Norwegian said. Barclays and J.P. Morgan are the underwriters. Norwegian last week reported worse-than-feared third-quarter losses and sales that dwindled to the millions of dollars rather than billions as the pandemic continues to keep most of its ships docked.
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