Norwegian Cruise Line today announced the signing of a memorandum of agreement to exercise its option to purchase Norwegian Sky. The transaction is expected to close shortly.
The Company currently operates Norwegian Sky under a Bareboat Charter with a purchase option from Ample Avenue, an indirect wholly-owned subsidiary of Genting Hong Kong Limited, a 50% owner of the Company. The purchase price is approximately $260 million pursuant to the option under the Bareboat Charter.
Financing is being provided by the seller.
The 2,002-berth Norwegian Sky currently operates three and four-night voyages year-round from Miami, Florida.