---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-125885"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T06:46:09.272624+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Norwegian Cruise Line extends $1.4B credit facility maturity to January 2025

## Summary
- Extended ~$1.4B of operating credit facility by one year to January 2025, with springing maturity if liquidity test fails.
- Converted $631.8M term A-2 loans into term A-3 loans; $68M deferred term A-1 into deferred A-2; $591M revolver A into revolver C.
- Issued $148.7M new term A-3 loans to repay deferred term A loans, deferred term A-1 loans, and part of term A-1 loans.
- Interest: term A-3 at SOFR+1.00%-2.25%; deferred A-2 at SOFR+2.75%; replaced LIBOR with Term SOFR. New financial covenants: max debt-to-cap ratio steps down to 0.87x; min liquidity $250M.

## SEC filing metadata
- accession: 0001104659-22-125885
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465922125885/0001104659-22-125885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465922125885/tm2232330d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-125885
- JSON: https://secwatch.observer/filing/0001104659-22-125885.json
- Plain text: https://secwatch.observer/filing/0001104659-22-125885.txt

## Key facts
- Debt Financings
  Norwegian Cruise Line Holdings Ltd. incurred term loan of $148,731,250 maturing January 2, 2025.
  - Instrument: term loan
  - Principal: $148,731,250
  - Maturity: January 2, 2025
  - Event: incurrence
  source text: certain existing lenders agreed to make new term A-3 loans in an aggregate amount of $148,731,250, the proceeds of which were used to fully repay the deferred term A loans, deferred term A-1 loans and term A loans and partially repay $92,419 of the term A-1 loans.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465922125885/0001104659-22-125885-index.htm
- Debt Financings
  Norwegian Cruise Line Holdings Ltd. amended credit facility of approximately $1.4 billion with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent maturing January 2, 2025.
  - Instrument: credit facility
  - Principal: approximately $1.4 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and collateral agent
  - Maturity: January 2, 2025
  - Event: amendment
  source text: Amendment No. 4 extended the maturities for approximately $1.4 billion of NCLC’s operating credit facility by one year to January 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465922125885/0001104659-22-125885-index.htm
- Material Agreements
  Norwegian Cruise Line Holdings Ltd. amended Amendment No. 4 to the Credit Agreement with JPMorgan Chase Bank, N.A. and the lenders party thereto valued at approximately $1.4 billion (effective 2022-12-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. and the lenders party thereto
  - Value: approximately $1.4 billion
  - Effective: 2022-12-06
  source text: On December 6, 2022, NCL Corporation Ltd. (“ NCLC ”), a subsidiary of Norwegian Cruise Line Holdings Ltd., entered into Amendment No. 4 to the Credit Agreement, by and among NCLC and Voyager Vessel Company, LLC, as borrowers (the “ Borrowers ”), the subsidiary guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent ( “ Amendment No. 4 ”), amending NCLC’s existing Fifth Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465922125885/0001104659-22-125885-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.