Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v2.4.1.9
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of long-term debt

 

    Interest Rate
December 31,
    Maturities     Balance
December 31,
 
    2014     2013     Through     2014     2013  
                      (in thousands)  
€662.9 million Norwegian Epic term loan (1)     2.02 %     2.02 %     2022     $ 535,708     $ 599,996  
$625.0 million senior secured revolving credit facility     2.16 - 2.17 %     2.16 - 2.17 %     2018       200,000       231,000  
$350.0 million senior secured term loan facility     4.00 %           2021       350,000        
$1,375.0 million term loan facility     2.17 %     2.17 %     2018       1,315,625       658,125  
€308.1 million Pride of Hawai’i loan (1)     1.18 %     1.19 %     2018       130,194       167,392  
$300.0 million 5.00% senior unsecured notes (2)     5.00 %     5.00 %     2018       298,926       298,618  
$334.1 million Norwegian Jewel term loan     1.18 %     1.19 %     2017       81,065       108,087  
€258.0 million Pride of America Hermes loan (1)     1.19 %     1.19 %     2017       63,526       88,936  
€529.8 million Breakaway one loan (1)     1.84 %     1.84 %     2025       594,104       650,685  
€529.8 million Breakaway two loan (1)     4.50 %     4.50 %     2026       666,808       144,947  
€590.5 million Breakaway three loan (1)     2.98 %     2.98 %     2027       121,278       34,045  
€590.5 million Breakaway four loan (1)     2.98 %     2.98 %     2029       35,057       35,057  
€126 million Norwegian Jewel term loan(1)     1.18 %     1.14 - 1.19 %     2017       57,989       47,837  
€126 million Norwegian Jade term loan(1)     1.18 %     1.14 - 1.19 %     2017       58,524       48,105  
€666 million Seahawk 1 term loan(1)     3.92 %           2030       40,845        
€666 million Seahawk 2 term loan(1)     3.92 %           2031       40,845        
$680 million 5.25% senior unsecured notes     5.25 %           2019       680,000        
Sirena loan     2.75 %           2019       82,000        
Marina newbuild loan(3)     0.88 %           2023       379,868        
Riviera newbuild loan(4)     0.87 %           2024       427,184        
Capital lease obligations     1.62%-12.93 %     1.62 - 5.00 %     2022       24,558       14,959  
Total debt                             6,184,104       3,127,789  
Less: current portion of long-term debt                             (576,947 )     (286,575 )
Total long-term debt                           5,607,157     2,841,214  

 

 

(1) Currently U.S. dollar-denominated.
(2) Net of unamortized original issue discount of $1.1 million as of December 31, 2014.
(3) Includes premium of $0.4 million as of December 31, 2014.
(4) Includes premium of $0.5 million as of December 31, 2014.
Schedule of principal repayments on long-term debt

The following are scheduled principal repayments on long-term debt including capital lease obligations as of December 31, 2014 for each of the next five years (in thousands):

 

Year   Amount  
2015   $ 576,947  
2016     573,929  
2017     534,446  
2018     1,746,830  
2019     992,463  
Thereafter     1,759,489  
Total   $ 6,184,104