Dear Valued Best Price Cruises Customer,
We are pleased to announce that Norwegian Cruise Holdings (NCLH), parent of Norwegian, Oceania & Regent brands, has successfully secured financing from the Financial Markets. In the press release link below, NCLH desired $2.0 billion in additional financing on Thursday, May 7,2020. The Financial Markets overwhelmingly supported this request by oversubscribing the request, resulting in $2.4 billion of additional funds. Additionally, CEO Frank Del Rio has been interviewed by various media and has openly stated that NCLH now has over $3.5 billion in liquidity that should last up to 18 months without sailing.
As your Professional Travel Advisors, we initially presumed that the 8k Financial Market filing, which caused both media and customer concern on Thursday, was a legally necessary worst-case scenario of what could happen if NCLH did not raise additional funds. This was the reason that we requested that you, our valued customers, consider our professional advice to give NCLH up to two weeks to provide clarity on this potentially serious issue. We are pleased that this was resolved so quickly and with greater funding than requested!
Here is a link to the official press release:
Norwegian Cruise Line Holdings Ltd. Successfully Secures Over $2 Billion of Additional Liquidity in Oversubscribed Capital Markets Transactions
Finally, today Norwegian Cruise Line has announced additional sailings for late 2021 & 2022 to several exciting new destinations. These include Antarctica, Greenland, and Africa to name a few of the new countries and ports of call they will be visiting.
Again, our professional Travel Advisors are here to assist you at 1-800-672-7485 and we will do our best to continue to provide updates as they become available. We thank you for choosing Best Price Cruises and look forward to helping you plan your future vacations.
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