Norwegian Cruise Line Hldg Ltd Stock Price, News & Analysis

On December 15, 2020, NCL Corporation Ltd. priced $850 million of 5.875% senior notes due in 2026, a rise from the prior $500 million. The offering, exempt from SEC registration, will close on December 18, 2020. Proceeds will be utilized for general corporate purposes. The notes will be guaranteed by certain subsidiaries on a senior unsecured basis. This move highlights the company's efforts to enhance liquidity amid ongoing challenges from the COVID-19 pandemic.

NCL Corporation Ltd. (a subsidiary of Norwegian Cruise Line Holdings Ltd., NYSE: NCLH) announced plans to sell $500 million in senior notes due 2026 through a private offering. The offering is exempt from registration under the Securities Act and proceeds will be used for general corporate purposes. The Notes will have senior unsecured guarantees from certain subsidiaries. This offering is limited to qualified institutional buyers and non-U.S. investors, reflecting a strategic move amidst ongoing impacts from the COVID-19 pandemic.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) published its 2019 Stewardship Report, highlighting progress in its sustainability efforts through the Sail & Sustain program. The company achieved a ‘B’ climate change score from CDP, surpassing sector and global averages. Key initiatives included establishing a dedicated ESG department, reducing single-use plastics, enhancing workplace diversity, and launching relief campaigns. The report emphasizes the importance of environmental responsibility, with a commitment to improving sustainability despite ongoing public health challenges.

Norwegian Cruise Line Holdings Ltd. (NCLH) is installing AtmosAir's bi-polar ionization air purification systems across its 28-ship fleet. This technology promises continuous COVID-19 disinfection, achieving a 99.92% reduction in the virus within 30 minutes. The initiative aims to enhance health and safety protocols onboard, allowing guests and crew to feel more secure. The move reflects Norwegian's commitment to rigorous safety standards in a challenging travel environment. The company operates Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises and has nine additional ships scheduled for delivery by 2027.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has announced an extension of its global cruise voyage suspension due to COVID-19. All voyages for Norwegian Cruise Line with embarkation dates from January 1 to February 28, 2021, and select voyages in March 2021 are affected. Additionally, all voyages for Oceania Cruises and Regent Seven Seas Cruises will be suspended from January 1 to March 31, 2021. The company continues to collaborate with health authorities to ensure safety protocols are met for future operations.

Norwegian Cruise Line Holdings (NYSE: NCLH) announced the completion of its public offering of 40 million ordinary shares at $20.80 per share. The company plans to utilize the net proceeds for general corporate purposes. The offering was conducted under an automatic shelf registration statement filed with the SEC. Barclays and J.P. Morgan acted as underwriters for the offering. The press release includes forward-looking statements about potential risks like the impact of COVID-19 on travel demand and financial conditions, highlighting uncertainties in future operations.

Norwegian Cruise Line Holdings announced a public offering of 40 million ordinary shares priced at $20.80 each. The offering, set to close on November 20, 2020, is aimed at raising funds for general corporate purposes. Barclays and J.P. Morgan are the underwriters for the offering. This initiative is part of the company’s effort to strengthen its liquidity amidst ongoing challenges due to the COVID-19 pandemic, which has severely impacted the cruise industry.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has initiated an underwritten public offering of 40,000,000 ordinary shares. The net proceeds from this offering are intended for general corporate purposes. Barclays and J.P. Morgan are the designated underwriters for this transaction, which falls under an automatic shelf registration statement filed with the SEC on November 17, 2020. This offering will be conducted with a prospectus supplement, which will be accessible via the SEC’s website.

Norwegian Cruise Line has launched a new docuseries titled "EMBARK – The Series," which invites the public to connect with the brand as it prepares for its comeback. The series begins with "EMBARK NCL Spotlight Series," showcasing the renowned entertainment available on its cruises. The first episode features a reunion performance by "The Choir of Man" at London's Garrick Theatre, streamed live on Nov. 19, 2020, at 9 p.m. EST, with on-demand access starting Nov. 20.