)
Norwegian Cruise Line (NCLH) investor relations material
Norwegian Cruise Line Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Key transaction points
$1,200MM of new 5.875% Senior Unsecured Notes due 2031 and $850MM of new 6.250% Senior Unsecured Notes due 2033 will be issued to refinance and redeem existing notes, extending the maturity profile.
$1,407MM of new 0.750% Exchangeable Senior Notes due 2030 have been issued, and ordinary shares sold to repurchase existing 2027 exchangeable notes.
Net leverage remains essentially neutral after these transactions.
The maturity profile is materially extended, with accretion to adjusted EPS from reduced interest expense and a lower diluted share count.
Key transaction benefits
Approximately $1,790MM reduction in secured debt, releasing collateral.
Notable extension of debt maturity profile.
Pro forma net leverage remains neutral.
Adjusted EPS is expected to increase due to a reduction of 38.1MM diluted shares and lower interest expense.
Share count and exchangeable notes impact
Diluted shares related to exchangeable notes decrease from ~47.8MM to ~9.7MM, a reduction of ~38.1MM.
New exchangeable notes are settled in cash up to par, with any excess settled in cash, shares, or a combination.
Share count reduction is contingent on exchange value not exceeding the exchange price.
Next Norwegian Cruise Line earnings date
Next Norwegian Cruise Line earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)