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Published on 3/12/2024 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Norwegian Cruise Line repurchases all 9¾% senior secured notes due 2028

Chicago, March 12 – Norwegian Cruise Line Holdings Ltd. announced that through private negotiations the company agreed to purchase all $250 million of its outstanding 9¾% senior secured notes due 2028 that were issued on Feb. 22, 2023, according to an 8-K filing with the Securities and Exchange Commission.

The repurchase settled on March 11, and the notes have been canceled.

The repayment represented an elimination of the issuer’s highest interest rate debt.

The cruise line is based in Miami.


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