MIAMI, July 15 (UPI) -- Norwegian Cruise Line Holdings, based in Miami, filed plans Friday to raise as much as $250 million in an initial public offering, papers indicate.
The cruise line operator said it plans to trade under the symbol NCLH on the Nasdaq composite, MoneyWatch.com reported.
"We believe that improving leisure travel trends along with a relatively low-supply outlook in the near term," leading to an "attractive business environment for our business to operate in," the company said in its IPO prospectus.
UBS Investment Bank and Goldman Sachs are the IPO's underwriters.
Norwegian Cruise Lines reported revenue of $2.09 billion and net income of $28.1 million for the year ending March 31, MoneyWatch.com said.