Norwegian Cruise Line to repay $675 million revolver

By Taylor Fox

New York, July 16 – NCL Corp. Ltd. plans to repay its $675 million senior secured revolving credit facility with the proceeds from new financings, according to a press release.

The subsidiary of Norwegian Cruise Line Holdings Ltd. will use the proceeds from a new offering of $675 million of senior notes due 2026 and proceeds from its $250 million exchangeable senior notes due 2025 to repay the facility.

It plans to use any remaining proceeds for general corporate purposes.

NCL Corp. is a Miami-based cruise company and subsidiary of Norwegian Cruise Line Holdings Ltd.

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