Viking Holdings Closes on $1.3 Billion Secondary Public Offering

In The News
June 3, 2025

Ropes & Gray represented selling shareholders TPG Capital and the Canada Pension Plan Investment Board in Viking River Cruises’ secondary public offering valued at $1.3 billion. The offering priced on May 27 and closed on May 29.

Ropes & Gray advised the selling shareholders in Viking’s IPO and 2024 secondary offering.

Viking provides destination-focused journeys on rivers, oceans and lakes around the world.

TPG is a leading global alternative asset manager with $229 billion in assets under management.

Canada Pension Plan Investment Board is a professional investment management organization that manages the Fund in the best interest of the more than 22 million contributors and beneficiaries of the Canada Pension Plan.

The team was led by capital markets partner Tom Fraser and associate Dayna Atkins.