COVID19: Royal Caribbean borrows $2.2bn to keep itself afloat. Share price up +23%

PortandTerminal.com, March 24, 2020 MIAMI, FL – Royal Caribbean announced on Monday that it has entered into a $2.2 billion secured term loan facility for the next year. This will give the company a total of $3.6 billion of liquidity to weather the current downturn in the cruise business.  Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) jumped as … Continue reading COVID19: Royal Caribbean borrows $2.2bn to keep itself afloat. Share price up +23%