---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-091253"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2025-09-18T23:59:59+00:00"
generated_at: "2026-05-17T06:14:42.018743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NCLH subsidiary issues $2.05B senior notes, redeems all 2026/2027/2029 notes

## Summary
- Issued $1.2B 5.875% senior notes due 2031 and $850M 6.250% senior notes due 2033; net proceeds ~$2.031B.
- Tender offer results: 97.5% of 2026 notes and 90.3% of 2027 notes validly tendered for purchase.
- Proceeds plus cash on hand used to redeem all 2026, 2027, and 2029 notes, extinguishing those indentures.
- Refinancing extends maturities and replaces secured debt with unsecured; expected leverage-neutral.
- Closing of notes offering and settlement of tender offer completed September 17, 2025.

## SEC filing metadata
- accession: 0001104659-25-091253
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2025-09-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465925091253/0001104659-25-091253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465925091253/tm2526356d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-091253
- JSON: https://secwatch.observer/filing/0001104659-25-091253.json
- Plain text: https://secwatch.observer/filing/0001104659-25-091253.txt

## Key facts
- Debt Financings
  Norwegian Cruise Line Holdings Ltd. incurred senior notes of $1,200.0 million aggregate principal amount of 5.875% senior notes due 2031 with U.S. Bank Trust Company, National Association at 5.875% per year maturing January 15, 2031.
  - Instrument: senior notes
  - Principal: $1,200.0 million aggregate principal amount of 5.875% senior notes due 2031
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.875% per year
  - Maturity: January 15, 2031
  - Event: incurrence
  source text: On September 17, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd., closed its previously announced private offering (the “Notes Offering”) of (i) $1,200.0 million aggregate principal amount of 5.875% senior notes due 2031 (the “2031 Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465925091253/0001104659-25-091253-index.htm
- Debt Financings
  Norwegian Cruise Line Holdings Ltd. incurred senior notes of $850.0 million aggregate principal amount of 6.250% senior notes due 2033 with U.S. Bank Trust Company, National Association at 6.250% per year maturing September 15, 2033.
  - Instrument: senior notes
  - Principal: $850.0 million aggregate principal amount of 6.250% senior notes due 2033
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.250% per year
  - Maturity: September 15, 2033
  - Event: incurrence
  source text: and (ii) $850.0 million aggregate principal amount of 6.250% senior notes due 2033 (the “2033 Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000110465925091253/0001104659-25-091253-index.htm

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