Bär & Karrer advises initial purchasers in Usd 675 million notes offering by Viking
Viking Cruises announced that it has priced its private offering of $675 million aggregate principal amount of 13% Senior Secured Notes due 2025. Viking, one of the world’s providers of destination-focused travel experiences, is the largest operator of river cruises in Europe, Russia and China, for North American passengers, and offers ocean, lake and river cruises worldwide. The notes are indirectly secured through collateral over 20 Swiss-registered river vessels.