Author Topic: Royal Caribbean increases borrowing capacity by $550 million to stay afloat  (Read 30 times)

Offline RichC

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NEW YORK - Royal Caribbean Cruises, which has seen its stock take a big drop in the wake of the coronavirus outbreak, says that is has increased its revolving credit capacity by $550 million to bolster its liquidity.
https://www.fox5ny.com/news/royal-caribbean-increases-borrowing-capacity-by-550-million-to-stay-afloat

Can Princess be far behind?

Offline Host Mike

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Carnival Corp. has a substantial debt to pay in the next two years for new ship orders. Go figure.

Offline RichC

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I doubt if there's any way to postpone the builds.