Fubotv earnings beat by $0.10, revenue topped estimates
Investing.com -- Norwegian Cruise Line Holdings Ltd . (NYSE:NCLH) has announced an offering of 2,708,533 shares via Barclays (LON:BARC) Capital.
The intention behind this move is to raise funds to make a cash payment of $51,624,820, including accrued and unpaid interest, on its 2025 Notes.
NCLH has entered into note exchange agreements with certain existing holders of its 5.375% Exchangeable Senior Notes due 2025.
As per the agreement, NCLH and the holders have agreed to exchange an aggregate principal amount of $285,425,000 of the holders’ 2025 Notes for the same amount in NCLH’s newly issued 0.875% Exchangeable Senior Notes due 2030.
This will be accompanied by an aggregate cash payment of $51,624,820.
The shares of the company were down 2% in pre-market trading. This follows a 16.1% decline in the stock price over the past month.
The shares closed at $19.06 on Tuesday.
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