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KM Financial Solutions | UPDATE 1-Royal Caribbean offers $3.3 bln in bonds, pledges 28 ships as collateral
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UPDATE 1-Royal Caribbean offers $3.3 bln in bonds, pledges 28 ships as collateral

12 May UPDATE 1-Royal Caribbean offers $3.3 bln in bonds, pledges 28 ships as collateral

Posted at 14:15h in News by
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Royal Caribbean Cruises on
Wednesday launched a $3.3 billion bond offering, pledging 28 of
its ships as collateral and forecast heavy losses for the first
quarter as the COVID-19 pandemic brings the sector to a virtual
standstill.

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