Norwegian Cruise Line Holdings is offering to sell more than $2bn in senior notes coming due pay off $1bn of higher-interest debt.
The Frank Del Rio-led owner of 28 ships has proposed to offer $1bn in secured notes due in 2027, $600m in unsecured debt due in 2029 and $435m in exchangeable notes due in 2027.
Initial buyers of the exchangeable notes have a two-week option to buy up to an additional $65m of the debt securities.
