, 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.
O well
At least their stock is up today.
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