Norwegian Cruise Line Holdings Ltd. Announces Pricing of 3,313,868 Ordinary Shares

Core Viewpoint - Norwegian Cruise Line Holdings Ltd. has announced a registered direct offering of 3,313,868 ordinary shares priced at $24.53 per share to certain holders of its subsidiary's exchangeable senior notes, aimed at repurchasing a significant amount of these notes [1][2]. Group 1: Equity Offering Details - The Equity Offering is expected to close on September 11, 2025, subject to customary closing conditions [2]. - The net proceeds from the Equity Offering, along with proceeds from a separate offering of exchangeable senior notes, will be used to repurchase approximately $958.0 million of 1.125% Exchangeable Senior Notes and approximately $449.0 million of 2.50% Exchangeable Senior Notes [2]. Group 2: Repurchase Impact - After the repurchase, approximately $192.0 million of the 1.125% Exchangeable Senior Notes and approximately $24.2 million of the 2.50% Exchangeable Senior Notes will remain outstanding [3]. - The Transactions are expected to be neutral to the Company's leverage and will reduce the Company's shares outstanding on a fully diluted basis by approximately 38.1 million shares [3]. Group 3: Placement Agent and Regulatory Compliance - J.P. Morgan Securities LLC is acting as the exclusive placement agent for the Equity Offering [4]. - The offering is being made under an automatic shelf registration statement filed with the U.S. Securities and Exchange Commission, with a preliminary prospectus supplement already filed [4].