Print
Written by Kari Reinikainen Kari Reinikainen
Category: More News More News
Published: 20 September 2017 20 September 2017

NCL Corporation Ltd, a subsidiary of Norwegian Cruise Line Holdings Ltd (NCLH)., launched an amendment for its existing credit facilities.

This includes repricing of the existing $750 million revolving credit facility and the existing $1,431 million term A loan facility and increase the size of the existing revolving facility and plus add a new $375 million term B loan facility due 2021,  NCLH said in a statement.

“NCLC intends to use the proceeds of the new term B loan, together with borrowings under the revolving credit facility and cash on hand, to redeem its 4.625% Senior Notes due 2020. JP Morgan is acting as lead arranger for the amendment,” NCLH stated.