NCL Corporation Ltd. (NCLC), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), has announced the successful pricing of $1.8 billion in senior notes with an interest rate of 6.750%, set to mature in 2032. These notes were issued through a private offering.
The company anticipates completing this offering by January 22, 2025.
NCL Corporation plans to allocate the net proceeds from this notes offering, alongside existing cash reserves, to redeem $1.2 billion in senior notes carrying an interest rate of 5.875% and scheduled to mature in 2026, in addition to $600 million in senior secured notes with an 8.375% interest rate due in 2028. This redemption will include any accumulated or unpaid interest, as well as any related transaction premiums, fees, and expenses. The redemption of both the 2026 Senior Notes and the 2028 Senior Secured Notes is contingent upon the successful completion of the current notes offering.
The material has been provided by InstaForex Company - www.instaforex.com
The company anticipates completing this offering by January 22, 2025.
NCL Corporation plans to allocate the net proceeds from this notes offering, alongside existing cash reserves, to redeem $1.2 billion in senior notes carrying an interest rate of 5.875% and scheduled to mature in 2026, in addition to $600 million in senior secured notes with an 8.375% interest rate due in 2028. This redemption will include any accumulated or unpaid interest, as well as any related transaction premiums, fees, and expenses. The redemption of both the 2026 Senior Notes and the 2028 Senior Secured Notes is contingent upon the successful completion of the current notes offering.
The material has been provided by InstaForex Company - www.instaforex.com