---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-063237"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:48:25.127999+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NCLH increases revolving credit facility by $786M to $2.486B; adds guarantors and swaps collateral

## Summary
- Total commitments under senior secured revolver increased from $1.7B to $2.486B via incremental assumption and amendment.
- Facility matures Jan 22, 2030, with early maturity triggers if certain senior notes not repaid or refinanced.
- Interest: SOFR + 1.00%-2.00% margin; commitment fee 0.15%-0.30%, both tied to leverage ratio.
- Five new subsidiary guarantors added (Pride of America, Norwegian Jewel, Nautica, Regatta, Breakaway Two) with vessel pledges.
- Norwegian Star Limited released as guarantor; same collateral now secures revolver and 2029 secured notes pari passu.

## SEC filing metadata
- accession: 0001104659-25-063237
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465925063237/0001104659-25-063237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465925063237/tm2519031d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-063237
- JSON: https://secwatch.observer/filing/0001104659-25-063237.json
- Plain text: https://secwatch.observer/filing/0001104659-25-063237.txt

## Key facts
- Debt Financings
  Norwegian Cruise Line Holdings Ltd. amended credit facility of from $1,700,000,000 to $2,486,000,000 with JPMorgan Chase Bank, N.A. at (x) in the case of alternate base rate loans, at a per annum rate based on an al maturing January 22, 2030.
  - Instrument: credit facility
  - Principal: from $1,700,000,000 to $2,486,000,000
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: (x) in the case of alternate base rate loans, at a per annum rate based on an al
  - Maturity: January 22, 2030
  - Event: amendment
  source text: The ARCA Amendment, among other things, increased the aggregate amount of the lenders’ commitments under the senior secured revolving loan facility (the “Revolving Loan Facility”) from $1,700,000,000 to $2,486,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465925063237/0001104659-25-063237-index.htm

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