Norwegian Cruise Line Hldg Ltd Stock Price, News & Analysis

Norwegian Cruise Line Holdings Ltd. has announced an extension of its suspension of all cruise voyages for Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises from December 1 to December 31, 2020. This decision is part of ongoing efforts to collaborate with global health authorities to ensure the safety of guests and crew. The company operates 28 ships with plans to introduce nine more by 2027, serving over 490 destinations worldwide. Guests impacted by the cancellations are urged to contact their travel advisors for further assistance.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) announced the extension of its global cruise suspension for all voyages from November 1 to November 30, 2020, affecting Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. This decision aims to ensure the health and safety of guests, crew, and visited communities amidst the ongoing COVID-19 pandemic. The company is working closely with public health authorities and its Healthy Sail Panel to implement safety measures. Guests with affected bookings are advised to reach out to their travel advisors for further assistance.

NCL Corporation Ltd. announced an increase in its private offering of 5.375% exchangeable senior notes due 2025, raising the total to $450 million from the initial $400 million. This includes $50 million from the partial exercise of the option to purchase additional notes. The notes are unsecured and guaranteed by Norwegian Cruise Line Holdings Ltd. The offering is set to close on July 31, 2020. Proceeds will be used for general corporate purposes. The notes will not be registered under U.S. securities laws and are strictly offered to institutional buyers.

Norwegian Cruise Line Holdings (NYSE: NCLH) will release its second quarter 2020 financial results on August 6, 2020, at 7:00 a.m. ET. A conference call to discuss the results will follow at 10:00 a.m. ET, which will be available via webcast on the Company’s Investor Relations website. Norwegian Cruise Line Holdings operates several cruise brands and has a fleet of 28 ships offering itineraries to over 490 destinations globally. The company plans to introduce nine additional ships by 2027.

Norwegian Cruise Line Holdings (NYSE: NCLH) announced an extension of its suspension of global cruise voyages, now covering all voyages from October 1 to October 31, 2020. The company aims to enhance transparency with monthly updates on voyage status starting in August. Furthermore, Norwegian is collaborating with Royal Caribbean Group to establish enhanced health and safety protocols amid the COVID-19 pandemic, involving a panel of public health experts. The company continues to coordinate efforts with the CDC and other health authorities to ensure safety for guests and crew.

NCL Corporation Ltd. (NCLC), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), announced the closing of its $750 million private offering of 10.250% senior secured notes due 2026. Proceeds will repay a $675 million revolving credit facility and cover transaction fees. Additionally, NCLC closed a $400 million private offering of 5.375% exchangeable senior notes due 2025, with an option for an additional $60 million. The exchangeable notes can be converted into NCLC’s Series A Preference Shares, which are automatically exchangeable into ordinary shares of NCLH.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has successfully completed its public offering of 19,166,667 ordinary shares at $15.00 per share, which includes the full exercise of an underwriters' option for an additional 2.5 million shares. The proceeds from this offering will be used for general corporate purposes. J.P. Morgan, Citigroup, Goldman Sachs, and others served as joint book-running managers. This offering was conducted under an automatic shelf registration statement with the SEC.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has priced its public offering of 16,666,667 ordinary shares at $15.00 each, with an option for underwriters to purchase an additional 2,500,000 shares by August 17, 2020. The offering, set to close on July 21, 2020, will support general corporate purposes. Major investment banks, including J.P. Morgan and Goldman Sachs, are leading the offering, filed under an automatic shelf registration statement. The firm operates a fleet of 28 ships across several brands, with plans to add nine more vessels by 2027.