The offering was increased from the previously announced $800m.
NCLH is granting the initial purchasers of the exchangeable notes an option to purchase up to an additional $150m in notes during a 13-day period.
The notes will be general senior unsecured obligations. This offering is expected to close Nov. 19.
47m shares offering priced
Simultaneously, NCLH priced its registered direct offering of 46,858,854 ordinary shares to certain holders of the company's 6% exchangeable senior notes due 2024 at $23.64 per share.
The offering is expected to close Nov. 19.
NCLH expects to use the net proceeds to redeem up to $236.25m of its 12.25% senior secured notes due 2024 and up to $262.5m of its 10.25% senior secured notes due 2026.
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