Last summer, my sis got two new beds with brand new soil running along the front of her house (twas a family project). We picked up a nice large 'Night Before Christmas'. I divided the plant into 4 parts -- each was still a good sized plant even then. The plants seemed to do quite well over the summer and all came up this spring.

But here's the issue:

3 of the plants are in the longer of the two beds and look like this

The fourth one is in the other bed and looks like this

I suspect the holes are likely slug or bug damage but why the leaf 'bleaching'/discoloration? The longer bed gets more hot sun and none of the NBCs or any of the other hostas in that bed are having an issue. The smaller bed only gets direct sun at the end of the day and that NBC is the only hosta in that bed that is looking bad. It didn't look like this last summer.