Annual report pursuant to Section 13 and 15(d)

Related Party Disclosures

v3.8.0.1
Related Party Disclosures
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Related Party Disclosures
7. Related Party Disclosures

 

Transactions with Genting HK and the Apollo Holders

 

As of December 31, 2017, the ownership percentages of NCLH’s ordinary shares were as follows:

 

Shareholder   Number of
Shares
    Percentage
Ownership
 
Apollo Holders (1)     25,478,782       11.2 %
Genting HK (2)     12,898,307       5.6 %

 

(1) The Apollo Holders include NCL Athene LLC, AIF VI NCL (AIV), L.P., AIF VI NCL (AIV II), L.P., AIF VI NCL (AIV III), L.P., AIF VI NCL (AIV IV), L.P., Apollo Overseas Partners (Delaware) VI, L.P., Apollo Overseas Partners (Delaware 892) VI,

 

L.P., Apollo Overseas Partners VI, L.P., Apollo Overseas Partners (Germany) VI, L.P., AAA Guarantor—Co-Invest VII, L.P., AIF VI Euro Holdings, L.P., AIF VII Euro Holdings, L.P., Apollo Alternative Assets, L.P., Apollo Management VI, L.P. and Apollo Management VII, L.P.

 

(2) Genting HK owns our ordinary share indirectly through Star NCLC Holdings Ltd., a Bermuda wholly-owned subsidiary.

 

In December 2015, we repurchased 348,553 ordinary shares under NCLH’s repurchase program as a part of a Secondary Equity Offering by the Apollo Holders and Genting HK for approximately $20.0 million. 

 

In June 2012, we exercised our option with Genting HK to purchase Norwegian Sky. We paid the total amount of $259.3 million to Genting HK in connection with the Norwegian Sky Purchase Agreement as of December 31, 2016 and no further payments are due.