NCL Corporation Ltd. says it has entered into an agreement to sell $100 million aggregate principal amount of 9.50% senior unsecured notes due November 2018. The notes are additional notes to the already outstanding $250 million aggregate principal amount of existing 9.50% senior unsecured notes due 2018.

“The Company intends to use the net proceeds from the Offering to make partial paydowns of amounts outstanding under certain of its existing revolving credit facilities and certain of its existing capital leases and for general corporate purposes. The net proceeds applied to pay down amounts outstanding under our existing revolving credit facilities would be available for reborrowing,” NCL Corporation said in a statement.