Bond NLC Corporation 2.5% ( US62886HBK68 ) in USD

Issuer NLC Corporation
Market price refresh price now   95.5 %  ▲ 
Country  United States
ISIN code  US62886HBK68 ( in USD )
Interest rate 2.5% per year ( payment 2 times a year)
Maturity 15/02/2027



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 000 USD
Total amount 435 000 000 USD
Cusip 62886HBK6
Next Coupon 15/02/2026 ( In 166 days )
Detailed description NCL Corporation Ltd. is a global provider of cruise vacations operating under the Norwegian Cruise Line brand, offering itineraries to various destinations worldwide.

A financial analysis of the debt instrument identified by ISIN US62886HBK68 and CUSIP 62886HBK6 reveals a bond issued by NCL Corporation, originating from the United States. This US dollar-denominated obligation is currently trading on the market at a price of 95.5% of its par value. It carries a stated annual interest rate of 2.5%, with interest payments disbursed semi-annually, aligning with a payment frequency of 2. The bond is scheduled to reach its maturity on February 15, 2027, and was part of a larger total issue size amounting to $435,000,000. For potential investors, the minimum purchase size for this particular security is established at $1,000. The issuer, NCL Corporation, is a prominent entity in the global cruise line industry, operating as a direct subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH). NCL Corporation plays a pivotal role in the parent company's extensive portfolio of cruise brands, which includes Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, reflecting its significant presence in the travel and leisure sector. As a key player operating from the United States, the financial performance and strategic direction of NCL Corporation are intrinsically linked to the dynamics of the global tourism industry and consumer discretionary spending. This bond offers investors a fixed-income opportunity within the corporate debt segment of the US market, with its trading price below par suggesting a yield to maturity potentially more attractive than its nominal coupon for investors acquiring the security at current market levels, providing a structured income stream until its mid-2027 maturity.