NCL Corp (NCLC), a subsidiary of Norwegian Cruise Line Holdings (NCLH), has closed its private offering of $850 mill aggregate principal amount of its 5.875% senior notes due 2026.
This offering originally totalled $500 mill but was increased.
NCLC said that it expected to use the net proceeds from the offering for general corporate purposes. The Notes will be guaranteed by certain of NCLC’s subsidiaries on a senior unsecured basis.
The Notes were offered only to persons reasonably believed to be qualified institutional buyers under the rules of the US Securities Act of 1933, as amended and outside the US, only to non-US investors.
The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the US absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
