---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-116254"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2026-10-15T20:18:14+00:00"
generated_at: "2026-10-15T20:19:10.310420+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NCL prices upsized $950M 8.750% notes due 2031; redeems 6.125% 2028 notes, lifts revolver to $2.8B

## Summary
- NCLC closed $950.0M of 8.750% senior notes due 2031 on Oct 15, 2026, upsized from $750.0M; net proceeds ~$941.7M after initial purchasers' discount.
- Proceeds plus cash on hand redeem all $525.0M of 6.125% senior notes due 2028, repay ~$376.3M of revolver borrowings and prepay ~$42.2M of export-credit debt.
- Third ARCA amendment raised revolver commitments to $2,801.0M from $2,486.0M, maturing Jan 22, 2030 with leverage-based margins.
- Pride of America Ship Holding and Norwegian Epic added as guarantors with their vessels as collateral; Norwegian Dawn and Norwegian Spirit released.
- Notes pay interest semi-annually Apr 15 and Oct 15 starting Apr 15, 2027; make-whole callable before Oct 15, 2028, then at set prices.

## SEC filing metadata
- accession: 0001104659-26-116254
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2026-10-15T20:18:14+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000110465926116254/0001104659-26-116254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000110465926116254/tm2627514d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-116254
- JSON: https://secwatch.observer/filing/0001104659-26-116254.json
- Plain text: https://secwatch.observer/filing/0001104659-26-116254.txt

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