86 LAWYER MONTHLY MAY 2023 NCL Corporation Ltd.’s $600 Million Secured Notes Offering About the Deal UK shipping law firm Hannaford Turner LLP advised Norwegian Cruise Line on its issuing of a $600 million senior secured notes offering administered by JPMorgan Chase. The offering was led by Norwegian Cruise Line’s US counsels Paul Weiss and Kirkland & Ellis. The notes were issued by NCL Corporation Ltd. (NCL). Founded in Miami, Florida in 2013, the subsidiary is one of the group’s three operating companies. The group currently has 19 ships in its fleet. The twentieth, “Vista”, is scheduled to be delivered this spring. The proceeds from the offering will be used to repay outstanding term loans under an existing senior secured credit facility. Transaction Interview Advisor on the transaction:
RkJQdWJsaXNoZXIy Mjk3Mzkz