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NCL Corporation Ltd. -- Moody's upgrades NCL's CFR to Ba1

Moody's Investors Service ("Moody's") upgraded the ratings of NCL Corporation Ltd., including its Corporate Family Rating to Ba1 from Ba2, Probability of Default Rating to Ba1-PD from Ba2-PD, senior secured bank facility rating to Ba1 from Ba2, senior unsecured rating to Ba2 from B1 and Speculative Grade Liquidity rating to SGL-1 from SGL-2. At the same time, Moody's revised the outlook to stable from positive.