8-KItem 1.01 · Material AgreementItem 1.02 · Termination of AgreementItem 2.03 · Financial ObligationItem 8.01 · Other EventsItem 9.01 · Financial Statements
NCLH subsidiary closes $950 million senior notes offering, amends credit facility
Filed with the SEC on · Summarized by InvestorsBot
NCL Corporation Ltd. closed a private offering of $950 million of 8.75% senior notes due 2031, receiving approximately $941.7 million in net proceeds. The subsidiary plans to use the proceeds and cash on hand to redeem its 2028 notes, repay about $376.3 million under its revolving loan facility and prepay about $42.2 million of export-credit-backed debt. NCLC also increased revolving credit commitments from $2.486 billion to $2.801 billion, while adding two vessel-owning entities as guarantors and collateral providers and releasing two prior guarantors.