{"schema_version":"secwatch.filing_event.v1","accession":"0001410578-25-002064","form_type":"8-K","ticker":null,"cik":"0001318742","company_name":"NCL CORP Ltd.","filed_at":"2025-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.645064+00:00","generated_at":"2026-05-17T06:50:39.970219+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NCL Corp closes $1.407B exchangeable notes offering; uses proceeds to repurchase 2027 notes","bullets":["Issued $1.407B of 0.750% exchangeable senior notes due 2030; net proceeds ~$1.3814B after initial purchasers' discount.","Repurchased ~$958M of 1.125% 2027 notes for ~$1.0095B and ~$449M of 2.50% 2027 notes for ~$480.5M, plus interest.","Remaining outstanding 2027 notes: ~$192M of 1.125% notes and ~$24.2M of 2.50% notes.","Funding from exchangeable notes, equity offering of 3.3M shares at $24.53/sh, and cash; expected to reduce fully diluted shares by ~38.1M.","Exchangeable notes guaranteed by NCLH; initial exchange price ~$34.34/share, ~40% premium to equity offering price."],"urls":{"canonical":"https://secwatch.observer/filing/0001410578-25-002064","json":"https://secwatch.observer/filing/0001410578-25-002064.json","markdown":"https://secwatch.observer/filing/0001410578-25-002064.md","text":"https://secwatch.observer/filing/0001410578-25-002064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1318742/000141057825002064/0001410578-25-002064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1318742/000141057825002064/tm2525860d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:50:39.970219+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"045dfbc17e9753d65340fe5cc6e677221dca0844","claim":"NCL CORP Ltd. incurred convertible notes of $1,407.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 0.750% maturing September 15, 2030.","evidence_excerpt":"closed its previously announced private offering (the “Exchangeable Notes Offering”) of $1,407.0 million aggregate principal amount of 0.750% exchangeable senior notes due 2030 (the “Exchangeable Notes\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1318742/000141057825002064/0001410578-25-002064-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,407.0 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.750%"},{"label":"Maturity","value":"September 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}