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Cash-strapped Royal Caribbean draws down its revolving credit lines as coronavirus pandemic tests the cruise industry

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Cash-strapped Royal Caribbean drains its revolving credit lines due to coronavirus pandemic

, have sought cash infusions to remain solvent after the industry announced a suspension of operations due to the coronavirus pandemic.

Royal Caribbean had previously announced steps to bolster its finances. On March 23, the company said it entered into a $2.2 billion loan agreement with a consortium of lenders. At the time, the company said it had $3.6 billion of liquidity, including undrawn revolving credit lines.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

O well

At least their stock is up today.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Royal Caribbean CEO foregoes salary as coronavirus hurts cruise lines - Business InsiderRoyal Caribbean's CEO won't be paid until September and other executives are taking 25% pay cuts as the coronavirus ravages the cruise industry Damn that’s a long time They don’t pay tax in USA don’t help them
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »