04:32 AM EST, 01/08/2025 (MT Newswires) -- Norwegian Cruise Line Holdings ( NCLH ) subsidiary NCL said late Tuesday it priced $1.8 billion of its 6.75% senior notes due 2032 in a private offering.

The company said it plans to use the net proceeds, together with cash on hand, to redeem $1.2 billion of its 5.875% senior notes due 2026 and $600 million of 8.375% senior secured notes due 2028.

The offering is expected to close on Jan. 22. The redemption of the 2026 and 2028 notes is conditioned on the closing of the 2032 notes offering.