Norwegian Cruise Line $315 million senior notes offering
The high-yield notes are due 2030
Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A / Regulation S offering by NCL Corporation Ltd. (NCLC), a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), of $315 million aggregate principal amount of its 6.250% senior notes due 2030.
NCLH is a leading global cruise company that operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas cruises brands. With a combined fleet of 32 ships with approximately 66,400 berths, these brands offer itineraries to destinations worldwide. NCLH’s shares are traded on the NYSE.
The Davis Polk capital markets team included partner John B. Meade, counsel Jeffrey S. Ramsay and associates Kanger Jin and Walker Halstad. Partner Kara L. Mungovan and associates Ted Lee and Ryan Powers provided tax advice. All members of the Davis Polk team are based in the New York office.