Davis Polk also advised the representative of the initial purchasers in connection with a concurrent Rule 144A/Regulation S offering by NCL Corporation Ltd. (“NCLC”) of $750 million aggregate principal amount of its 10.250% senior secured notes due 2026.

Norwegian Cruise Line Holdings Ltd. (“NCLH”) is a leading global cruise company that operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with approximately 59,150 berths, these brands offer itineraries to more than 490 destinations worldwide. NCLC is a subsidiary of NCLH. NCLH’s shares are traded on the New York Stock Exchange.

The capital markets team included partner John B. Meade, counsel Jeffrey S. Ramsay and associates Yoojin Nairn-Kim, Moses Farzan Nekou and Christine Choi. The finance team included counsel Mayer J. Steinman and associates Ao Chen and Ariella R. Pultman. Partner Po Sit and associate Erin van Wesenbeeck provided U.S. tax advice. All member of the Davis Polk team are based in the New York office.