Princess Cruising > Cruising Chatter

Royal Caribbean increases borrowing capacity by $550 million to stay afloat


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.

Can Princess be far behind?

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

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


[0] Message Index

Go to full version