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Moody's Ratings assigns B3 rating to NCL Corp's new senior unsecured notes

Moody's Ratings (Moody's) assigned a B3 rating to the senior unsecured notes that NCL Corporation Ltd. (NCL) announced earlier today. The company will use the net proceeds to redeem its $600 million of 8.375% senior secured notes due February 1, 2028 and retire $1.2 billion of its $1.425 billion of ...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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