Wells Fargo Maintains Overweight on Norwegian Cruise Line, Lowers Price Target to $18
Wells Fargo analyst Trey Bowers maintains Norwegian Cruise Line (NYSE:NCLH) with a Overweight and lowers the price target from $20 to $18.
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Truist Securities Maintains Hold on Norwegian Cruise Line, Lowers Price Target to $16
Truist Securities analyst Patrick Scholes maintains Norwegian Cruise Line (NYSE:NCLH) with a Hold and lowers the price target from $20 to $16.
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Reported Earlier, NCL Corporation Upsizes And Prices $950M Of 8.750% Senior Notes Due 2031, Up From Previously Announced $750M, Closing Expected October 15
NCL Corporation Ltd. Announces Upsizing and Pricing of $950.0 Million of Senior Notes
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings, priced $950 million of 8.750% senior notes due 2031. The offering was increased from the initially announced $750 million. Proceeds will be used to redeem outstanding 2028 notes, repay revolving credit facility borrowings of $376.3 million, and prepay export-credit financing of $42.2 million. The offering is expected to close on October 15, 2026.