NCL Corp Ltd (NCLC) 2020-1

4 yr: Registration: 144A/Reg S; Comments: US$675m(upsized from US$600m) 12.25% cpn 4-year (5/15/24) NCL. At 99.00 to yld 12.575%. Spread: T+1226bp. MWC T+50bp. Equity claw: Up to 35% at 112.25 prior to 2/15/22.;

Repay notes and General corporate purposes