Norwegian Cruise Line Holdings Ltd. announced the refinancing of its senior secured credit facility. The company amended its existing senior secured credit facility by repricing its $875 million revolving credit facility (‘Revolver’), repricing and increasing its Term A loan facility to approximately $1.6 billion (‘Term A Loan’) and extending the maturity dates for both to January 2024. The proceeds from the increase in the Term A Loan were used to prepay the entire outstanding amount under the Company's existing Term B loan facility. The amendment also reduced the applicable margin under the Revolver and Term A Loan by 25 basis points. Both the Revolver and Term A Loan bear interest at LIBOR plus an applicable margin of between 1.00% and 1.75%, depending on the Company's leverage ratio.