CRUISE lines continue to raise capital to fund their operations, with Virgin Voyages this week taking on US$550 million in funding and “additional continued support” from its lenders in order to continue to execute the line’s growth strategy. Royal Caribbean also raised US$1.25 billion in a private notes offering which...
CRUISE lines continue to raise capital to fund their operations, with Virgin Voyages this week taking on US$550 million in funding and “additional continued support” from its lenders in order to continue to execute the line’s growth strategy.
Royal Caribbean also raised US$1.25 billion in a private notes offering which was priced to pay 11.625% interest.