Norwegian Cruise Line Holdings Ltd. Announces Registered Direct Offering of Ordinary Shares

Core Viewpoint - Norwegian Cruise Line Holdings Ltd. has initiated a registered direct offering of ordinary shares to certain holders of its subsidiary's exchangeable senior notes, aiming to facilitate repurchases of these notes [1][2]. Group 1: Equity Offering Details - The company is conducting an Equity Offering to specific holders of NCL Corporation Ltd.'s 1.125% and 2.50% Exchangeable Senior Notes due 2027 [1]. - The net proceeds from the Equity Offering will be used alongside proceeds from a separate private offering of exchangeable senior notes due 2030 to repurchase a portion of the 2027 Exchangeable Notes [2]. - The completion of the Repurchases is contingent upon the successful execution of both the Equity Offering and the Exchangeable Notes Offering [2]. Group 2: Placement and Regulatory Information - J.P. Morgan Securities LLC is serving as the exclusive placement agent for the Equity Offering [3]. - The offering is being conducted under an automatic shelf registration statement filed with the U.S. SEC on November 8, 2023, and will be accompanied by a prospectus supplement [3].