Norwegian Cruise Line Raises $950 Million in Notes, Refinances Debt
Norwegian Cruise Line Holdings issued $950 million of 8.75% senior notes due 2031, expanded its revolving credit facility to $2.801 billion and redeemed 6.125% senior notes due 2028. Net proceeds of about $941.7 million, plus cash, funded the transaction.
Norwegian Cruise Line Holdings refinanced its balance sheet by issuing $950 million of 8.75% senior notes due 2031, expanding its revolving credit facility to $2.801 billion, and redeeming its 6.125% senior notes due 2028. Net proceeds of about $941.7 million from the new notes, plus cash, funded t…