NCL 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 8.750% senior notes due 2031 on September 30, 2026, increasing the offering from the previously announced $750 million; closing is expected October 15, 2026. Proceeds and cash on hand will be used to redeem NCL’s 6.125% notes due 2028, repay approximately $376.3 million under its revolving loan facility, and prepay approximately $42.2 million of export-credit-backed debt, plus related costs.