Norwegian Cruise Line Holdings Ltd. — fact timeline
Source-grounded facts extracted from Norwegian Cruise Line Holdings Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Norwegian Cruise Line Holdings Ltd. shareholders approved Approval of amendment to the 2013 Plan to increase share reserve at the 2026-06-11 meeting.
“4. Approval of Amendment to 2013 Plan For Against Abstain Broker Non-Votes 262,009,659 9,510,085 660,274 91,672,477”
Shareholder Votes
Norwegian Cruise Line Holdings Ltd. shareholders approved Advisory vote on frequency of future Say-on-Pay votes at the 2026-06-11 meeting.
“3. Advisory Vote on the Frequency of Future Say-on-Pay Votes 1 Year 2 Years 3 Years Abstain 265,317,260 498,761 5,418,226 945,771”
Shareholder Votes
Norwegian Cruise Line Holdings Ltd. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2026-06-11 meeting.
“2. Advisory Vote on Executive Compensation For Against Abstain Broker Non-Votes 233,387,448 38,145,401 647,169 91,672,477”
Shareholder Votes
Norwegian Cruise Line Holdings Ltd. shareholders approved Election of three Class I directors at the 2026-06-11 meeting.
“1. Election of Directors Nominee For Against Abstain Broker Non-Votes Zillah Ellen Byng-Thorne 247,005,384 24,111,797 1,062,837 91,672,477 Alex Cruz 267,945,117 3,693,105 541,796 91,672,477 Linda P. Jojo 258,428,913 12,948,760 802,345 91,672,477”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported first quarter ended March 31, 2026 results: revenue $2.3 billion, net income $104.7 million, EPS $0.23. Guidance lowered.
“financial results for the first quarter ended March 31, 2026 and provided guidance for the second quarter and full year 2026. Highlights First quarter total revenue grew 10% to $2.3 billion. GAAP net income was $105 million, with EPS of $0.23. Delivered Adjusted EBITDA 1 of $533 million in first quarter 2026, exceeding guidance, and representing an increase of 18%”
Material Agreements
Norwegian Cruise Line Holdings Ltd. entered into Cooperation Agreement with Elliott Investment Management L.P., Elliott Associates, L.P., and Elliott International, L.P. (effective 2026-03-26).
“On March 26, 2026, Norwegian Cruise Line Holdings Ltd. (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with Elliott Investment Management L.P., a Delaware limited partnership, Elliott Associates, L.P., a Delaware limited partnership, and Elliott International, L.P., a Cayman Islands limited partnership (each, an “Elliott Party,” and together, the “Elliott Parties”).”
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.
“and (ii) $850.0 million aggregate principal amount of 6.250% senior notes due 2033 (the “2033 Notes”)”
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.
“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”)”
Equity Issuances
Norwegian Cruise Line Holdings Ltd. issued $1,407.0 million aggregate principal amount of 0.750% exchangeable senior notes due 2030 of convertible note to initial purchasers for gross proceeds of $1,407.0 million.
“On September 11, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (“NCLH”), 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”)”
Debt Financings
Norwegian Cruise Line Holdings Ltd. incurred convertible notes of $1,407.0 million aggregate principal amount with initial purchasers at 0.750% per year maturing September 15, 2030.
“On September 11, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (“NCLH”), 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”), which includes $107.0 million aggregate principal amount of Exchangeable Notes issued in connection with the initial purchasers’ full exercise of their option to acquire additional Exchangeable Notes.”
Debt Financings
Norwegian Cruise Line Holdings Ltd. incurred loan of $2,437,323,477.36 for Vessel 1 and $2,469,681,624.15 for Vessel 2 with Crédit Agricole Corporate and Investment Bank at fixed interest rate equal to the difference between 1.55% per annum and the SIME maturing twelfth anniversary of the delivery date of the relevant Ship.
“On July 17, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (“NCLH”), as guarantor, and its subsidiaries NCL NextGen Class I Ltd. and NCL NextGen Class II Ltd., as borrowers, entered into separate credit facility agreements (collectively, the “Credit Facilities”) with, among others, Crédit Agricole Corporate and Investment Bank, as facility agent, ECA agent and security agent, and certain banks and financial institutions from time to time party thereto as lenders, for the financing of two new cruise vessels to be purchased by NCL NextGen Class I Ltd. (“Vessel 1”) and NCL NextGen Class II Ltd. (“Vessel 2””
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.
“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.”
Linda P. Jojo was appointed as Director at Norwegian Cruise Line Holdings Ltd..
“On May 7, 2025, the Board of Directors (the “Board”) of Norwegian Cruise Line Holdings Ltd. (“NCLH”) increased the size of the Board from eight to nine members and appointed Ms. Linda P. Jojo as a member of the Board.”
Debt Financings
Norwegian Cruise Line Holdings Ltd. incurred convertible notes of $353,876,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 0.875% per year maturing April 15, 2030.
“On April 7, 2025, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (the “Company”), closed its previously announced exchanges (collectively, the “Exchange”) of $353,876,000 in aggregate principal amount of NCLC’s 5.375% Exchangeable Senior Notes due 2025 (the “2025 Notes”) held by certain institutional investors (collectively, the “Holders”) for (i) $353,876,000 in aggregate principal amount of NCLC’s newly issued 0.875% Exchangeable Senior Notes due 2030 (the “2030 Notes”)”
John Chidsey was appointed as Director at Norwegian Cruise Line Holdings Ltd..
“On February 5, 2025, the Board of Directors (the “Board”) of Norwegian Cruise Line Holdings Ltd. (“NCLH”) appointed Mr. John Chidsey as a member of the Board.”
Jason Montague was appointed as Chief Luxury Officer at Norwegian Cruise Line Holdings Ltd..
“in connection with the appointment of Mr. Jason Montague as Chief Luxury Officer, effective February 17, 2025.”
Andrea DeMarco departed as President, Regent Seven Seas Cruises at Norwegian Cruise Line Holdings Ltd..
“On December 31, 2024, the Company determined that Ms. Andrea DeMarco, President, Regent Seven Seas Cruises, would step down from her role in connection with the appointment of Mr. Jason Montague as Chief Luxury Officer, effective February 17, 2025.”
Stella David was appointed as Chairperson of the Board at Norwegian Cruise Line Holdings Ltd..
“Ms. Stella David has been appointed Chairperson of the Board effective August 12, 2024.”
Russell Galbut resigned as Chairperson of the Board at Norwegian Cruise Line Holdings Ltd..
“On August 9, 2024, Mr. Russell Galbut notified Norwegian Cruise Line Holdings Ltd. (the “Company”) that he was resigning from the Board of Directors (the “Board”) of the Company, and as Chairperson of the Board, on August 12, 2024.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported the first quarter ended March 31, 2024 results: revenue $2.2 billion, net income $17.4 million, EPS $0.04. Guidance raised.
“results for the first quarter ended March 31, 2024 and provided guidance for the second quarter and full year 2024. First Quarter 2024 Highlights: Generated total revenue of $2.2 billion, a 20% increase compared to the same period in 2023 on 8% capacity growth, with GAAP net income of $17.4 million, or EPS of $0.04. Adjusted EBITDA nearly doubled over the prior”
Material Agreements
Norwegian Cruise Line Holdings Ltd. entered into Credit Facilities with Crédit Agricole Corporate and Investment Bank, as facility agent, ECA agent and security agent, and certain banks and financial institutions valued at (i) €724,000,000 (or its Dollar equivalent) for Vessel 1 and Vessel 2 and (ii) €652,800,000 (or its (effective 2024-04-04).
“On April 4, 2024, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (“NCLH”), as guarantor, and its subsidiaries Oceania Next I, LLC, Oceania Next II, LLC, DaVinci One, LLC and DaVinci Two, LLC, as applicable, as borrowers, entered into separate credit facility agreements (collectively, the “Credit Facilities”) with Crédit Agricole Corporate and Investment Bank, as facility agent, ECA agent and security agent, and certain banks and financial institutions from time to time party thereto as lenders and joint mandated lead arrangers, for the financing of four new cruise vessels to be purchased by Oceania Next I, LLC (“Vessel 1”), Oceania Next II, LLC (“Vessel 2”), DaVinci One, LLC (“Vessel 3”) and DaVinci Two, LLC (“Vessel 4”) from Fincantieri S.p.A. (collectively, the “Ships”).”
Material Agreements
Norwegian Cruise Line Holdings Ltd. terminated Secured Notes Indenture with the holders of the Secured Notes valued at NCLC repurchased all outstanding 9.75% Senior Secured Notes due 2028 in aggregate principal amount o (effective 2024-03-11).
“On March 11, 2024, in connection with the settlement of the Repurchase, the Trustee cancelled the aggregate principal amount outstanding under the Secured Notes and confirmed that NCLC had satisfied and discharged its obligations under the Secured Notes Indenture.”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Third Amended and Restated Commitment Letter with funds managed by affiliates of Apollo Global Management (the Apollo Funds) valued at up to $650.0 million of senior unsecured notes due five years after the issue date (effective 2024-03-11).
“On February 23, 2024, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd., entered into a third amended and restated commitment letter (the “Amended Commitment Letter”) with funds managed by affiliates of Apollo Global Management (the “Apollo Funds”), which became effective on March 11, 2024 and which amends, restates and supersedes the second amended and restated commitment letter, dated February 22, 2023, among NCLC and the Apollo Funds.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported fourth quarter and year ended December 31, 2023 results: revenue $8.5 billion, net income $166.2 million, EPS $0.39.
“Generated total revenue of $8.5 billion, a 32% increase compared to the same period in 2019, with GAAP net income of $166.2 million, or EPS of $0.39 returning to full year profitability for the first time since 2019.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported the third quarter ended September 30, 2023 results: revenue $2.5 billion, net income $345.9 million, EPS $0.71. Guidance raised.
“for the fourth quarter and full year 2023. Third Quarter 2023 Highlights: Company met or exceeded guidance for all key metrics in the third quarter. Generated total revenue of $2.5 billion, a record for the Company and up 33% compared to the same period in 2019, and GAAP net income of $345.9 million, or EPS of $0.71. Achieved Adjusted EBITDA of $752 million and”
Adam Aron resigned as Director at Norwegian Cruise Line Holdings Ltd..
“On October 19, 2023, Mr. Adam Aron notified Norwegian Cruise Line Holdings Ltd. (the “Company”) that he was resigning from the Board of Directors of the Company, effective immediately.”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Sixth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders party thereto (effective 2023-10-18).
“On October 18, 2023, NCLC entered into a Sixth Amended and Restated Credit Agreement (the “Sixth ARCA”), among NCLC, as borrower, Voyager Vessel Company, LLC, as co-borrower, the subsidiary guarantors party thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders party thereto .”
Material Agreements
Norwegian Cruise Line Holdings Ltd. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee, and JPMorgan Chase Bank, N.A., as security agent valued at $790.0 million aggregate principal amount (effective 2023-10-18).
“The Notes were issued pursuant to an indenture (the “Indenture”), dated October 18, 2023, by and among NCLC, as issuer, the guarantors named therein, U.S. Bank Trust Company, National Association, as trustee, principal paying agent, transfer agent and registrar, and JPMorgan Chase Bank, N.A., as security agent (the “Security Agent”).”
José E. Cil was appointed as member of the Board at Norwegian Cruise Line Holdings Ltd..
“On October 6, 2023, the Board of Directors (the “Board”) of Norwegian Cruise Line Holdings Ltd. (“NCLH”) appointed Mr. José E. Cil as a member of the Board.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported the second quarter ended June 30, 2023 results: revenue $2.2 billion, net income $86.1 million, EPS $0.20. Guidance raised.
“for the third quarter and full year 2023. Second Quarter 2023 Highlights: Company met or exceeded guidance for all key metrics in the second quarter. Generated total revenue of $2.2 billion, a record for the Company and up 33% compared to the same period in 2019, and GAAP net income of $86.1 million, or EPS of $0.20. Achieved Adjusted EBITDA of approximately $515”
Shareholder Votes
Norwegian Cruise Line Holdings Ltd. shareholders approved To ratify the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm for the year ending December 31, 2023 and the determination of PwC's remuneration by the Audit Committee of the Board. at the 2023-06-15 meeting.
“To ratify the appointment of PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm for the year ending December 31, 2023 and the determination of PwC’s remuneration by the Audit Committee of the Board.”
Shareholder Votes
Norwegian Cruise Line Holdings Ltd. shareholders approved To elect three directors, each to serve as Class I directors until the 2026 annual general meeting of shareholders and until his or her successor has been elected and qualified, or until his or her earlier death, resignation or removal. at the 2023-06-15 meeting.
“Nominee For Against Abstain Broker Non-Votes David M. Abrams 165,719,516 3,101,247 555,917 108,322,294 Zillah Byng-Thorne 166,699,217 2,111,086 566,377 108,322,294 Russell W. Galbut 144,008,544 24,852,447 515,689 108,322,294”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Leonardo Six Amendment Agreement with Crédit Agricole Corporate and Investment Bank, BNP Paribas Bank, as SACE agent, and HSBC Corporate Trustee Company (UK) Limited valued at approximately €1.7 billion (effective 2023-04-06).
“NCLC entered into an amendment and restatement agreement (the “Leonardo Six Amendment Agreement”), dated as of April 6, 2023”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Leonardo Five Amendment Agreement with Crédit Agricole Corporate and Investment Bank, BNP Paribas Bank, as SACE agent, and HSBC Corporate Trustee Company (UK) Limited valued at approximately €1.7 billion (effective 2023-04-06).
“NCLC entered into an amendment and restatement agreement (the “Leonardo Five Amendment Agreement”), dated as of April 6, 2023”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Leonardo Four Amendment Agreement with KfW IPEX-Bank GmbH, BNP Paribas Fortis S.A./N.V., HSBC Bank PLC and Cassa Depositi e Prestiti S.P.A. valued at approximately €1.7 billion (effective 2023-04-06).
“NCLC entered into an amendment and restatement agreement (the “Leonardo Four Amendment Agreement”), dated as of April 6, 2023”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Leonardo Three Amendment Agreement with HSBC Bank PLC, BNP Paribas Fortis S.A./N.V., KfW IPEX-Bank GmbH and Cassa Depositi e Prestiti S.P.A. valued at approximately €1.7 billion (effective 2023-04-06).
“NCLC entered into an amendment and restatement agreement (the “Leonardo Three Amendment Agreement”), dated as of April 6, 2023”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported full year 2023 results: EPS approximately $0.75. Guidance raised.
“Full year 2023 Adjusted EPS guidance improved to approximately $0.75 reflecting first quarter outperformance partially offset by higher anticipated fuel costs and foreign exchange for the remainder of 2023. Adjusted EBITDA is still expected to be in the range of $1.8 to $1.95 billion.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported the first quarter ended March 31, 2023 results: revenue $1.8 billion, net income $(159.3) million, EPS $(0.38). Guidance raised.
“Norwegian Cruise Line Holdings Reports First Quarter 2023 Financial Results MIAMI, May 01, 2023 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian” or the “Company”) today reported financial results for the first quarter ended March 31, 2023 and provided guidance for the second quarter and full year 2023. First Quarter 2023 Highlights: Total revenue of $1.8 billion, GAAP net loss of $(159.3) million or EPS of $(0.38).”
David Herrera was appointed as President, Norwegian Cruise Line at Norwegian Cruise Line Holdings Ltd..
“Mr. David Herrera would be become President, Norwegian Cruise Line, effective April 1, 2023”
Harry Sommer was appointed as Director at Norwegian Cruise Line Holdings Ltd..
“Mr. Sommer has also been appointed to the Board of Directors of the Company, effective July 1, 2023”
Harry Sommer was appointed as President and Chief Executive Officer at Norwegian Cruise Line Holdings Ltd..
“and President and Chief Executive Officer of the Company, effective July 1, 2023”
Harry Sommer was appointed as President and Chief Executive Officer – Elect at Norwegian Cruise Line Holdings Ltd..
“Mr. Harry Sommer would become President and Chief Executive Officer – Elect of the Company, effective April 1, 2023”
Frank J. Del Rio resigned as Director at Norwegian Cruise Line Holdings Ltd..
“On March 20, 2023, Norwegian Cruise Line Holdings Ltd. (the “Company” or “NCLH”) announced that Frank J. Del Rio will retire from his position as the Company’s President and Chief Executive Officer and resign from the Board of Directors of the Company, effective as of the end of the day on June 30, 2023.”
Frank J. Del Rio retired as President and Chief Executive Officer at Norwegian Cruise Line Holdings Ltd..
“On March 20, 2023, Norwegian Cruise Line Holdings Ltd. (the “Company” or “NCLH”) announced that Frank J. Del Rio will retire from his position as the Company’s President and Chief Executive Officer and resign from the Board of Directors of the Company, effective as of the end of the day on June 30, 2023.”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. updated its the full year ended December 31, 2022 guidance (initiated).
“Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results”
Earnings Releases
Norwegian Cruise Line Holdings Ltd. reported the fourth quarter ended December 31, 2022 results: revenue $1.5 billion, net income $(482.5) million, EPS $(1.14).
“Total revenue of $1.5 billion, GAAP net loss of $(482.5) million or EPS of $(1.14), Adjusted Net Loss of $(439.7) million or Adjusted EPS of $(1.04), and Adjusted EBITDA of $(41.4) million.”
Material Agreements
Norwegian Cruise Line Holdings Ltd. entered into Backstop Agreement with Morgan Stanley & Co. LLC valued at $300 million (effective 2023-02-23).
“On February 23, 2023, NCLC entered into a backstop agreement (the “Backstop Agreement”) with Morgan Stanley & Co. LLC (“MS”), pursuant to which MS has agreed to provide backstop committed financing to refinance amounts outstanding under NCLC’s senior secured credit facility that are coming due in January 2024.”
Material Agreements
Norwegian Cruise Line Holdings Ltd. entered into Indenture with U.S. Bank Trust Company, National Association valued at $250 million aggregate principal amount (effective 2023-02-22).
“The Class A Notes were issued pursuant to an indenture (the “Indenture”), dated February 22, 2023, by and among, inter alia, NCLC, as issuer, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee, principal paying agent, transfer agent, registrar and security agent.”
Material Agreements
Norwegian Cruise Line Holdings Ltd. amended Amended Commitment Letter with funds managed by affiliates of Apollo Global Management valued at up to $650 million (effective 2023-02-22).
“On February 22, 2023, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd., entered into the second amended and restated commitment letter (the “Amended Commitment Letter”) with funds managed by affiliates of Apollo Global Management”
Debt Financings
Norwegian Cruise Line Holdings Ltd. incurred senior notes of $600.0 million at 8.375% per year maturing February 1, 2028.
“On February 2, 2023, NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd., closed its previously announced private offering (the “Notes Offering”) of $600.0 million aggregate principal amount of 8.375% senior secured notes due 2028 (the “Notes”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.