Sponsored By
NCLH proposes $1.8b senior notes offeringNCLH proposes $1.8b senior notes offering
Proceeds would be used to redeem notes coming due in 2026 and 2028.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
January 7, 2025
1 Min Read
LOGO: NCLH
Norwegian Cruise Line Holdings plans a private offering of $1.8b in senior notes due 2032 as the company continues its post-pandemic refinancing.
Net proceeds, together with cash on hand, would be used to redeem $1.2b in 5.875% senior notes due 2026 and $600m in 8.375% senior secured notes due 2028.
The redemption of these notes is conditioned on the consummation of the notes offering.
NCLH will offer the new notes only to qualified institutional investors outside the US.
Read more about:
Norwegian Cruise Line HoldingsAbout the Author
The latest cruise news, analysis and more straight to your inbox
Get the free newsletter read by industry experts
You May Also Like