NCLH Subsidiary Prices $950 Million of 8.75% Senior Notes Due 2031
Filed with the SEC on · Summarized by InvestorsBot
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings, priced $950 million of 8.75% senior notes due 2031, up from the previously announced $750 million, with closing expected on October 15, 2026. Proceeds and cash on hand will be used to redeem NCL Finance’s 6.125% notes due 2028, repay approximately $376.3 million under a revolving facility, and prepay approximately $42.2 million of export-credit-backed debt, plus interest, premiums, fees and expenses.