Viking Holdings (Viking) aims to raise $1.33bn in an upsized initial public offering. The travel company plans to sell 53 million shares, nine million more than originally planned. The initial public offering price is currently expected to be between $21.00 and $25.00 per ordinary share. Viking has applied to list its ordinary shares on the New York Stock Exchange under the ticker symbol “VIK.”

BofA Securities and JPMorgan are acting as lead underwriters and representatives for the proposed offering. UBS Investment Bank and Wells Fargo Securities are also acting as lead book-running managers. HSBC and Morgan Stanley are acting as bookrunners, and Rothschild & Co, Stifel, Drexel Hamilton, Loop Capital Markets and R. Seelaus & Co., are acting as co-managers.

Viking was founded in 1997 with four river cruise ships, which has expanded to a fleet of 90 vessels, with destinations around the world.