Conyers a part of Viking’s $1.77bn stock debut
Conyers advised Viking Holdings Ltd, a Bermuda-incorporated company, on its initial public offering on the New York Stock Exchange.
With $1.77 billion of shares sold to the market, the offering is the biggest American stock market debut of 2024, according to Conyers.
Viking’s shares commenced trading on the NYSE on May 1 under the symbol “Vik”.
The firm was founded in 1997 to provide destination-focused journeys on rivers, oceans and lakes around the world.
Conyers provided comprehensive legal advice and guidance throughout the IPO process, ensuring compliance with Bermuda corporate regulatory requirements.
A spokesman for Conyers said Viking’s debut on the NYSE reflected investor confidence in the company’s growth prospects and market positioning.
“This IPO represents the culmination of our longstanding partnership and exemplifies Conyers’s commitment to delivering exceptional legal services to our clients,” Conyers director Jason Piney said.
Conyers chairman Christian Luthi said Viking’s IPO represented a “wonderful achievement” for the Viking Group.
“We are proud to continue to support it with top-tier legal expertise, corporate administration and fiduciary services as the group enters this new phase of its impressive growth,” he said.
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