May. 20 at 9:15 PM
$NCLH In September of 2025, NCL restructured the senior notes due in 2026. With the details left for those to explore, the company dropped their total debt due for this year to just over
$718 million. This is significant because the notes allowed a tremendous breather on the balance sheet and the flexibility to pursue "other" financial options. In that conversion and payout, the eventual unsecured senior notes become due in 2031 and 2033. BUT, this is why the growth and margins have to increase. Spending has to decline and the cost of that debt has to be exceeded for this to work