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Norwegian Cruise Line Holdings prices $1.8b notes at 6.75%Norwegian Cruise Line Holdings prices $1.8b notes at 6.75%

The private offering is expected to close Jan. 22.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

January 8, 2025

1 Min Read
LOGO: NCLH

Norwegian Cruise Line Holdings priced its private offering of $1.8b senior secured notes due 2032 at 6.75%.

The net proceeds, together with cash on hand, will be used to redeem $1.2b in 5.875% senior notes due 2026 and $600m in 8.375% senior secured notes due 2028.

The offering is expected to close Jan. 22.

The notes are being offered only to qualified institutional investors outside the US.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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