NCL to use proceeds of secured note sale to partially pay term loan

By Mary-Katherine Stinson

Lexington, Ky., Jan. 19 – NCL Corp. Ltd. will use the net proceeds from a proposed sale of secured notes due 2028 to repay in part the outstanding term loans under its senior secured credit facility that will become due in January 2024, according to a press release.

This includes the payment of any accrued interest and related premiums and fees.

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

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