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Norwegian prices $680m senior notes at 5.25%

Norwegian Cruise Line entered into an agreement to sell $680m of 5.25% senior unsecured notes due November 2019 in a previously announced private offering to institutional investors.

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

November 5, 2014

1 Min Read
Credit: Seatrade Cruise News

The company plans to use the net proceeds to fund a portion of the $3.025bn acquisition of Prestige Cruises International, the parent of Oceania Cruises and Regent Seven Seas Cruises.

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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