Orient-Express Hotels Ltd. (NYSE: OEH, http://www.orient-express.com), today announced the closing of its previously announced public offering of 12 million Class A common shares. The company also announced that the underwriters for the offering exercised in full their over-allotment option to purchase an additional 1.8 million Class A common shares, bringing the total shares sold to 13.8 million at a price of $10.00 per share for gross proceeds of $138 million. Orient-Express Hotels Ltd. received net proceeds of
approximately $131 million, after deducting underwriting discounts and estimated offering expenses.
Deutsche Bank Securities Inc. and Barclays Capital Inc. acted as joint book-running managers and underwriters for the offering.