---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-108447"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:37:35.756682+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NCLH subsidiary proposes $790M senior secured notes due 2029 to refinance term loans

## Summary
- $790M aggregate principal of senior secured notes due 2029, secured by 14 vessels.
- Proceeds plus cash on hand to repay term loans under senior secured credit facility.
- Offering conditioned on amendments to senior secured credit facility.
- Operational update: strong demand; impacts from higher fuel, Maui wildfires (3% Q4 capacity), Israel conflict (6% Q4 capacity cancelled).
- Fuel hedge as of Oct 5: 45% of 2023, 35% of 2024, 5% of 2025 consumption hedged.

## SEC filing metadata
- accession: 0001104659-23-108447
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465923108447/0001104659-23-108447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465923108447/tm2328184-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-108447
- JSON: https://secwatch.observer/filing/0001104659-23-108447.json
- Plain text: https://secwatch.observer/filing/0001104659-23-108447.txt

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