NCL Corp to Raise USD 700 Mn

NCL Corporation, a subsidiary of Norwegian Cruise Line Holdings, has signed a deal to sell USD 700 million aggregate principal amount of 4.750% senior unsecured notes due December 2021 in a private offering.

The company said that it intends to use the net proceeds from the offering, after deducting the initial purchasers’ discount and estimated fees and expenses, together with cash on hand, to purchase any and all of its outstanding 5.25% senior notes.

Due in 2019, the senior notes are validly tendered and accepted for purchase in the previously announced tender offer.

NCLC added that the net proceeds would also be used to redeem and satisfy and discharge any 5.25% Senior Notes not purchased in the tender offer in accordance with the indenture for the 5.25% senior notes and pay related transaction fees and expenses.

Share this article

Follow World Maritime News

In Depth>


<< Jan 2020 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Seawork 2020

Seawork is Europe’s leading commercial marine and workboat exhibition, providing businesses the opportunity…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >