The high-yield notes are due 2029

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 $790 million aggregate principal amount of its 8.125% senior secured notes due 2029.

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 31 ships with approximately 65,000 berths, these brands offer itineraries to more than 500 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 associate Kanger Jin. The finance team included counsel Mayer J. Steinman and associates Jeffrey Hon and Ramz Aziz. Partner Michael Farber and associate Ted Lee provided tax advice. All members of the Davis Polk team are based in the New York office.

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