08:55 AM EST, 01/07/2025 (MT Newswires) -- Norwegian Cruise Line Holdings ( NCLH ) unit NCL said Tuesday that it plans to sell $1.8 billion in senior notes that mature in 2032 in a private offering.

NCL said the proceeds, along with cash on hand, will be used to redeem $1.2 billion of its 5.875% senior notes that mature in 2026 and $600 million of its 8.375% senior secured notes that mature in 2028, including accrued interest and related costs.

The redemption is contingent on the successful completion of the new notes offering, NCL said.