Deal

REUTERS reports:

Norwegian Cruise Line Holdings Ltd (NCLH.N) has hired investment bank Goldman Sachs Group Inc (GS.N) to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday.

Norwegian’s attempt to bolster is finances comes as cruise operators have been forced to suspend their operations due to the novel coronavirus outbreak. They have been left out of a $2.3 trillion stimulus package that U.S. lawmakers have adopted to support the economy and provide aid to troubled companies.

Among the options Norwegian Cruise is considering is a stake sale known as private investment in public equity (PIPE), the sources said. The company is in talks with several private equity firms about a PIPE deal, the sources added.

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