Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NCLH) announced through its subsidiary, NCL Corporation Ltd., the entry into two credit facility agreements totaling approximately $5 billion. These facilities are intended to partially finance the purchase of two new cruise vessels, with each facility providing up to $2.5 billion for vessels scheduled for delivery in 2034 and 2036, respectively. The loans will be insured by SACE S.p.A. and will mature twelve years after the delivery of each respective ship. The interest rate is set at six-month Term SOFR plus a 0.90% margin, with repayment over twenty-four semi-annual installments.

Norwegian Cruise Line Holdings Ltd. reported a strong second quarter and first half of 2026, with net income for Q2 soaring 642% to $222.6 million and diluted EPS reaching $0.48. The company achieved a significant turnaround for the first six months of 2026, posting a net income of $327.2 million compared to a loss in the prior year period. Total revenue also saw healthy growth, supported by increased North American sales and robust advance ticket bookings, while maintaining a solid liquidity position.

Norwegian Cruise Line Holdings Ltd. reported strong second-quarter 2026 financial results, with total revenue increasing 4.9% to $2.6 billion and Adjusted EBITDA of $666 million, both exceeding guidance. The company updated its full-year 2026 Adjusted EPS guidance to approximately $1.50, while also identifying an additional $100 million in annualized cost savings. Despite these positive developments, the booking environment for its Norwegian Cruise Line brand remains pressured due to company-specific execution challenges and geopolitical factors, leading to a cautious outlook for Net Yields.

Norwegian Cruise Line announced the appointment of Lee D. Applbaum as its new Chief Marketing Officer, effective July 6, 2026. Applbaum brings over 25 years of experience from leading consumer brands like Patrón Spirits International, Bacardi, and Wheels Up. He will be responsible for global marketing, brand strategy, guest engagement, and demand generation, aiming to strengthen the brand and drive growth during a pivotal expansion phase for the company.

Norwegian Cruise Line Holdings Ltd. shareholders approved the Restated 2013 Performance Incentive Plan at the Annual Meeting on June 11, 2026. This plan increases the number of ordinary shares available for awards by an additional 8,807,000, bringing the new maximum to 56,816,006 shares, and extends the plan's expiration date to February 8, 2036. Additionally, shareholders voted on other proposals, including the election of three Class I directors and advisory votes on executive compensation and the frequency of future Say-on-Pay votes.

Norwegian Cruise Line Holdings Ltd. released its 2025 Sail & Sustain Report, detailing progress across its global sustainability strategy. The report highlights advancements in environmental stewardship, safety, employee well-being, community engagement, and ethical operations. CEO John W. Chidsey noted the program supports resilience, discipline, and long-term value creation.

Norwegian Cruise Line Holdings Ltd.'s subsidiary, NCL Corporation Ltd., has elected to irrevocably fix the settlement method to cash for all exchanges of its 1.125% and 2.50% Exchangeable Senior Notes due 2027. This decision, effective for exchanges on or after May 29, 2026, is anticipated to reduce the diluted weighted-average shares outstanding guidance by approximately 2 million shares for the quarter ending June 30, 2026, and 4 million shares for the full year ending December 31, 2026.

Norwegian Cruise Line Holdings Ltd. reported a net income of $104.7 million for the first quarter of 2026, a significant improvement from a net loss of $40.3 million in the prior year. Total revenue increased to $2.33 billion, up from $2.13 billion year-over-year. The company also took delivery of the new Norwegian Luna ship in March 2026, financed by a 1.0 billion export credit facility, and maintained $1.6 billion in liquidity.

Norwegian Cruise Line Holdings Ltd. reported strong first quarter 2026 financial results, with total revenue growing 10% to $2.3 billion and Adjusted EBITDA increasing 18% to $533 million, exceeding guidance. However, the company lowered its full-year 2026 Adjusted EPS guidance to $1.45-$1.79, citing headwinds from Middle East disruptions, higher fuel costs, and softer demand in Europe. The company also announced the delivery of Norwegian Luna, a board refreshment with five new independent directors, and $125 million in annualized SG&A savings.

Norwegian Cruise Line Holdings Ltd. (NCLH) announced its 2026 Annual General Meeting (AGM) to be held on June 11, 2026. Shareholders will vote on the election of three Class I directors, advisory approval of named executive officer compensation, and the frequency of future Say-on-Pay votes, with the Board recommending an annual vote. Key proposals also include approving an amendment to the 2013 Performance Incentive Plan to increase available shares and ratifying PricewaterhouseCoopers LLP as the independent auditor for 2026. The Board recommends against a shareholder proposal for board declassification.