The Miami-based company is seeking to sell 23.5 million shares in a price range of $16 to $18, according to a filing with the US Securities & Exchange Commission.
Valued at the midpoint of its expected price range, the initial public offering could raise $400m, which will be used to pay off the company’s debt load.
The offering at that price would value Norwegian Cruise Line at about $3.4bn.
Apollo bought half of Norwegian Cruise Line for $1bn in January 2008 from Genting, the southeast Asian gaming company that still controls the other half of the business.
NCL, the company’s parent, first filed for a US public offering in 2010.
Norwegian Cruise Line posted sales of $1.77bn for the nine months through to September last year, up 2.5 per cent compared to sales during the same period the previous year.
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