---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-004834"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:06:50.585614+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norwegian Cruise Line proposes $500M senior secured notes due 2028; prelim FY22 rev $4.7-5.0B, net loss

## Summary
- Proposes $500M aggregate principal of senior secured notes due 2028, secured by 13 vessels, to repay term loans due Jan 2024.
- Preliminary FY2022 revenue expected $4.7-5.0B vs $0.6B in FY2021; expects net loss for full year and Q1 2023.
- Cumulative booked position ~62% for full year 2023 at higher prices vs 2019; Q4 occupancy ~87%.
- Amended credit facility extending $1.4B maturities to Jan 2025, obtained $1.5B additional debt capacity.
- Liquidity as of Dec 31, 2022: ~$1B cash and $1B undrawn commitment.

## SEC filing metadata
- accession: 0001104659-23-004834
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465923004834/0001104659-23-004834-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465923004834/tm233880d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-004834
- JSON: https://secwatch.observer/filing/0001104659-23-004834.json
- Plain text: https://secwatch.observer/filing/0001104659-23-004834.txt

## Key facts
- Earnings Releases
  Norwegian Cruise Line Holdings Ltd. reported year ended December 31, 2022 results: revenue $4.7 billion to $5.0 billion.
  - Period: year ended December 31, 2022
  - Revenue: $4.7 billion to $5.0 billion
  - Result: preliminary results
  source text: Based on the foregoing, our total revenues are currently expected to be in the range of approximately $ 4.7 billion to $ 5.0 billion for the year ended December 31, 2022, compared to $0.6 billion for the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465923004834/0001104659-23-004834-index.htm

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