Prestige Files for an IPO

MarineLink.com
Thursday, January 23, 2014

Moody's Investors Service said Prestige Cruises International, Inc. , the indirect parent company of Oceania Cruises, Inc. (Oceania - B3, positive) and Seven Seas Cruises S. DER.L. (Regent - B2, stable), filing yesterday to take the company public is a credit positive.

Oceania is a five-ship cruise company (one ship on charter through April 2014). Oceania targets the upper premium segment of the cruise industry. Regent is a three-ship (plus one on order) cruise ship operator that targets the luxury segment of the cruise industry.

moodys.com
 

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