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NCLH closes upsized $850m private offering of notes
Norwegian Cruise Line Holdings closed its previously announced private offering of $850m of 5.875% senior notes due 2026.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
December 18, 2020
1 Min Read
Credit: Seatrade Cruise News
The net proceeds are expected to be used for general corporate purposes.
The amount was increased to $850m from the initially announced $500m. The notes will be guaranteed by certain NCLH subsidiaries on a senior unsecured basis.
The notes were offered only to qualified institutional buyers outside the US.
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