1/9/2025 | HY | Market Commentary: Euro junk primary clears second deal of year; Novelis gains steam; Kimmeridge higher
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1/8/2025 | HY | Market Commentary: Novelis drives by; Norwegian Cruise, Kimmeridge at a premium; Calpine jumps on acquisition
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1/7/2025 | HY | Market Commentary: Norwegian Cruise opens primary, prices drive-by; EchoStar weaker; Windstream holds gains
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1/7/2025 | HY | New Issue: Norwegian Cruise Line prices $1.8 billion 6¾% seven-year notes at par
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1/7/2025 | HYLM | Norwegian’s NCL will use proceeds to redeem two series of notes
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1/7/2025 | HY | Norwegian Cruise Line driving by with $1.8 billion notes due 2032; initial talk 6¾%-7%
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9/3/2024 | HYLM | Norwegian’s NCL plans redemption of 3 5/8% senior notes due 2024
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9/3/2024 | HY | New Issue: Norwegian Cruise Line sells $315 million 6¼% 5.5-year notes at par
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9/3/2024 | HY | NCL driving by with $315 million 5.5-year senior notes; initial guidance 6¼%-6½%
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8/1/2024 | BKBWHYLMPV | Norwegian reaches leverage goal six months early, aims for mid-fours
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3/12/2024 | HYLM | Norwegian Cruise Line repurchases all 9¾% senior secured notes due 2028
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3/12/2024 | HYPV | Norwegian’s NCL refinances $650 million backstop commitment with Apollo
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2/28/2024 | BKBWHYLMPV | Norwegian to repay highest-cost debt, $250 million 9¾% notes due 2028
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11/2/2023 | BKBWHYLMPV | Norwegian expects profound drop in leverage as it keeps repaying debt
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10/12/2023 | HY | Market Commentary: Viper drives by; Newfold joins calendar; Norwegian under water; funds lose $2.45 billion
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10/11/2023 | HY | Market Commentary: Norwegian prices junk drive-by; Civitas at a premium; DaVita heavy, WW better on drug news
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10/11/2023 | HY | New Issue: NCL prices $790 million 5.25-year secured notes at par to yield 8 1/8%
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10/11/2023 | HY | Market Commentary: Morning Commentary: NCL brings $790 million secured notes; Ozempic slims Davita bonds
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10/11/2023 | HY | NCL driving by with $790 million senior secured notes due 2029; price talk 8¼% area
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8/2/2023 | BKBWCVHYLMPV | Norwegian keeps repaying debt; $1.4 billion repaid in second quarter
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3/2/2023 | BKBWCVHYLMPV | Norwegian increases liquidity, pushes out maturities via refi actions
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1/13/2023 | HY | Market Commentary: Morning Commentary: Junk flat ahead of holiday weekend; primary poised to reactivate
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11/9/2022 | BKBWCVHYLMPV | Norwegian charts course to lower leverage; 75% of debt is fixed-rate
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10/7/2022 | BKBWCVHYPV | Norwegian to add debt capacity, revise credit facilities this quarter
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8/10/2022 | BKBWCVHYPV | Norwegian bookings remain strong; company to refinance facility early
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8/9/2022 | HY | Market Commentary: Morning Commentary: Junk unchanged ahead of July CPI data; Nielsen bonds trade higher
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7/19/2022 | HY | Market Commentary: Cornerstone junk bond deal ready to price; cruise line paper moves higher
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5/23/2022 | HY | Market Commentary: Secondary firms as primary idles; Medline, athenahealth lifted; cruise lines under pressure
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2/25/2022 | BKBWCVHYLM | Norwegian will keep high liquidity until profitability in late 2022
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2/15/2022 | HY | Market Commentary: Diamond Sports lower; Wesco, PBF improve; Transocean down; Zhenro continues decline
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2/15/2022 | HY | Market Commentary: Junk secondary tone improves; Netflix pares losses; Norwegian improves; Bombardier gains
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2/15/2022 | HY | Market Commentary: Morning Commentary: Junk gets lift as Russia appears to draw down; daily outflows abate
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2/14/2022 | HY | Market Commentary: Norwegian sinks in heavy market; Medline hits new low; Lumen, Goodyear down post-earnings
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2/11/2022 | HY | Market Commentary: Junk secondary losses mount as geopolitical risks weigh on markets; NCL in focus, tranches mixed
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2/10/2022 | HY | Market Commentary: NCL prices in choppy waters; secondary falls on CPI report; short-term notes ‘get socked’
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2/10/2022 | HY | New Issue: Norwegian Cruise Line prices $1.6 billion notes in secured and unsecured tranches
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2/10/2022 | HYLM | Norwegian Cruise Line to take out high-coupon debt with new notes
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2/10/2022 | HY | Norwegian Cruise Line to sell $1.6 billion notes in secured and unsecured tranches
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3/2/2021 | HY | Market Commentary: Junk market has three issuers; Superior Plus, CPI, Norwegian, Tronox perform well; ACCO lags
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3/1/2021 | HY | Market Commentary: Primary prices $2.79 billion; Thiess withdraws offering; Ardagh active; Ocwen gains; NRG rebounds
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3/1/2021 | HY | New Issue: Norwegian Cruise Lines prices $1.1 billion unsecured notes in two bullet tranches
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3/1/2021 | HY | Norwegian Cruise Lines intends to price $1.1 billion notes in two tranches on Monday
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12/15/2020 | HY | Norwegian Cruise Line driving by with $500 million 5.25-year bullet; initial talk 6¾% area
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12/15/2020 | HY | Norwegian Cruise Line’s NCL plans $500 million senior notes due 2026
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7/20/2020 | HY | Market Commentary: Wyndham, POWDR price; MasTec on tap; Norwegian flat; Ford gains; Icahn Enterprises active
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7/17/2020 | HY | Market Commentary: BBB inks $240 million; Norwegian firm; Carnival, Pattern Energy rise
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7/17/2020 | HY | New Issue: Norwegian Cruise's NCL prices upsized $750 million 5.5-year notes at par to yield 10¼%
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7/16/2020 | HY | Market Commentary: Norwegian launches; Gamenet prices; Carnival higher; American Airlines lower
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7/16/2020 | HY | Norwegian Cruise's NCL launches upsized $750 million 5.5-year notes at 10¼%
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7/16/2020 | HY | Norwegian Cruise's NCL driving by with $675 million 5.5-year notes, initial talk 10¾% area
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5/5/2020 | HY | New Issue: Norwegian Cruise Line prices upsized $675 million 12¼% notes at 99 to yield 12.575%
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5/5/2020 | BKDDHY | Norwegian Cruise has ‘substantial doubt’ over future as going concern
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5/5/2020 | HY | Norwegian Cruise Line to price $600 million four-year secured bullet in Tuesday drive-by
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4/27/2020 | BKDDHY | Norwegian negotiating 12-month ‘holiday’ for debt, covenant relief
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12/3/2019 | HY | Market Commentary: Fair Isaac prices; Lithia Motors up, Norwegian Cruise flat; AK Steel jumps, Cleveland-Cliffs drops
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12/3/2019 | HY | Market Commentary: Morning Commentary: Fair Isaac brings drive-by; AK Steel up sharply on acquisition news
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12/2/2019 | HY | Market Commentary: Lithia Motors, Norwegian Cruise Line, Charter add-on price; Vertiv jumps; Teva, Hess Midstream active
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12/2/2019 | HY | New Issue: Norwegian Cruise Line prices $565 million five-year notes at par to yield 3 5/8%
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12/2/2019 | HY | Norwegian Cruise Line to sell $565 million five-year notes on Monday; initial talk 4% area
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3/22/2018 | HYLM | Norwegian Cruise unit to redeem $135 million of 4¾% notes due 2021
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11/9/2017 | BKBWHY | Norwegian Cruise Line pursues the low threes for debt-to-EBITDA ratio
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10/11/2017 | HYLM | Norwegian Cruise unit redeems 4 5/8% notes due 2020 via bank loans
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9/27/2017 | HYLM | NCL postpones redemption of 4 5/8% notes due 2020 to Oct. 10
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8/30/2017 | HYLM | Norwegian Cruise Line calls all $600 million 4 5/8% notes due 2020
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12/15/2016 | HYLM | NCL calls 5¼% notes due 2019 for redemption on Jan. 13
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12/14/2016 | HYLM | Norwegian Cruise unit accepts tenders of $394.2 million notes due 2019
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12/5/2016 | HYLM | Norwegian Cruise Line unit tenders for $680 million 5¼% notes due 2019
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11/5/2015 | HY | Market Commentary: Upsized returning First Data, Charter megadeals lead $7 billion primary; Men’s Wearhouse mauled
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11/5/2015 | HY | New Issue: Norwegian Cruise Line sells upsized $600 million 4 5/8% five-year notes at par
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11/5/2015 | BKHY | Moody’s rates NCL notes B2
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11/5/2015 | HYLM | Norwegian Cruise to redeem 5% notes due 2018 with new issue proceeds
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11/5/2015 | HY | Norwegian Cruise whispers $500 million five-year notes at 4¾% area; pricing Thursday
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11/6/2014 | CLHY | Market Commentary: Norwegian Cruise Line breaks above OID; AMAG Pharmaceuticals, Essar changes surface
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11/5/2014 | CLHY | Market Commentary: Pabst breaks; Scientific Games dips; Southeast PowerGen, Ability Network revised
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10/30/2014 | CLHY | Market Commentary: INC Research, Block break; CRC rises; Pabst, Citadel, Norwegian update deals
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10/21/2014 | CLHY | Market Commentary: Ocwen falls on letter backdating allegations; Styrolution leaves books open, updates coming
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9/4/2014 | BKHY | Norwegian plans almost $3 billion of new debt for Prestige purchase
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9/2/2014 | BKHY | Norwegian expects to use bank and bond debt for Prestige purchase
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6/3/2013 | BKHY | Norwegian Cruise Line execs tout EBITDA growth, deleveraging profile
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5/30/2013 | HYLM | Norwegian Cruise Line calls $227.5 million of outstanding 91/2% notes
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2/1/2013 | HY | New Issue: Norwegian Cruise Line sells $300 million 5% five-year notes at 99.451 to yield 5 1/8%
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2/1/2013 | HY | Norwegian Cruise Line pricing $300 million five-year notes Friday
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