| Schedule of long-term debt |
| |
|
Interest Rate
December 31, |
|
|
Maturities |
|
|
Balance
December 31, |
|
| |
|
2016 |
|
|
2015 |
|
|
Through |
|
|
2016 |
|
|
2015 |
|
| |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $700.0 million 4.750% senior unsecured notes |
|
|
4.75 |
% |
|
|
— |
|
|
|
2021 |
|
|
$ |
691,767 |
|
|
$ |
— |
|
| $600.0 million 4.625% senior unsecured notes |
|
|
4.625 |
% |
|
|
4.625 |
% |
|
|
2020 |
|
|
|
592,031 |
|
|
|
590,037 |
|
| €662.9 million Norwegian Epic term loan (1) |
|
|
3.00 |
% |
|
|
2.43 |
% |
|
|
2022 |
|
|
|
395,830 |
|
|
|
460,870 |
|
| $625.0 million senior secured revolving credit facility |
|
|
— |
|
|
|
2.78 |
% |
|
|
2018 |
|
|
|
— |
|
|
|
75,000 |
|
| $750.0 million senior secured revolving credit facility |
|
|
2.70 |
% |
|
|
— |
|
|
|
2021 |
|
|
|
129,000 |
|
|
|
— |
|
| $350.0 million senior secured term loan facility |
|
|
— |
|
|
|
4.00 |
% |
|
|
2021 |
|
|
|
— |
|
|
|
338,353 |
|
| $1,506.6 million term loan facility |
|
|
2.77 |
% |
|
|
2.85 |
% |
|
|
2021 |
|
|
|
1,459,033 |
|
|
|
1,185,720 |
|
| €308.1 million Pride of Hawai’i loan (1) |
|
|
1.83 |
% |
|
|
1.27 |
% |
|
|
2018 |
|
|
|
54,601 |
|
|
|
89,867 |
|
| $334.1 million Norwegian Jewel term loan |
|
|
1.83 |
% |
|
|
1.28 |
% |
|
|
2017 |
|
|
|
26,919 |
|
|
|
53,534 |
|
| €258.0 million Pride of America Hermes loan (1) |
|
|
1.90 |
% |
|
|
1.64 |
% |
|
|
2017 |
|
|
|
12,654 |
|
|
|
37,778 |
|
| €529.8 million Breakaway one loan (1) |
|
|
2.49 |
% |
|
|
1.92 |
% |
|
|
2025 |
|
|
|
469,100 |
|
|
|
522,859 |
|
| €529.8 million Breakaway two loan (1) |
|
|
4.50 |
% |
|
|
4.50 |
% |
|
|
2026 |
|
|
|
537,478 |
|
|
|
592,531 |
|
| €590.5 million Breakaway three loan (1) |
|
|
2.98 |
% |
|
|
2.98 |
% |
|
|
2027 |
|
|
|
653,474 |
|
|
|
711,187 |
|
| €729.9 million Breakaway four loan (1) |
|
|
2.98 |
% |
|
|
2.98 |
% |
|
|
2029 |
|
|
|
150,834 |
|
|
|
108,964 |
|
| €126 million Norwegian Jewel term loan (1) |
|
|
1.82 |
% |
|
|
1.27 |
% |
|
|
2017 |
|
|
|
7,260 |
|
|
|
28,649 |
|
| €126 million Norwegian Jade term loan (1) |
|
|
1.82 |
% |
|
|
1.27 |
% |
|
|
2017 |
|
|
|
7,531 |
|
|
|
29,149 |
|
| €666 million Seahawk 1 term loan (1) |
|
|
3.92 |
% |
|
|
3.92 |
% |
|
|
2030 |
|
|
|
137,514 |
|
|
|
40,845 |
|
| €666 million Seahawk 2 term loan (1) |
|
|
3.92 |
% |
|
|
3.92 |
% |
|
|
2031 |
|
|
|
42,083 |
|
|
|
40,845 |
|
| $680 million 5.25% senior unsecured notes |
|
|
— |
|
|
|
5.25 |
% |
|
|
2019 |
|
|
|
— |
|
|
|
670,059 |
|
| Sirena loan |
|
|
2.75 |
% |
|
|
2.75 |
% |
|
|
2019 |
|
|
|
40,465 |
|
|
|
53,229 |
|
| Explorer newbuild loan |
|
|
3.43 |
% |
|
|
— |
|
|
|
2028 |
|
|
|
320,821 |
|
|
|
— |
|
| Marina newbuild loan (2) |
|
|
1.54 |
% |
|
|
1.01 |
% |
|
|
2023 |
|
|
|
290,416 |
|
|
|
335,135 |
|
| Riviera newbuild loan (3) |
|
|
1.81 |
% |
|
|
1.08 |
% |
|
|
2024 |
|
|
|
337,174 |
|
|
|
382,173 |
|
| Capital lease and license obligations |
|
|
Various |
|
|
|
Various |
|
|
|
2028 |
|
|
|
42,702 |
|
|
|
50,753 |
|
| Total debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,398,687 |
|
|
|
6,397,537 |
|
| Less: current portion of long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(560,193 |
) |
|
|
(629,840 |
) |
| Total long-term debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
5,838,494 |
|
|
$ |
5,767,697 |
|
| |
(1) |
Currently U.S. dollar-denominated. |
| |
(2) |
Includes premium of $0.2 million and $0.3 million as of December 31, 2016 and 2015,
respectively. |
| |
(3) |
Includes premium of $0.3 million and $0.4 million as of December 31, 2016 and 2015, respectively. |
|