Royal Caribbean directors step in to help with new bank loan [Reuters]
D/B/A Royal Caribbean Cruises Ltd. (RCL)
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am
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Source: Reuters
Royal Caribbean directors step in to help with new bank loan (Reuters) - Royal Caribbean Cruises Ltd ( RCL.N ) said on Monday two of its board members had each bought $100 million of a new $2.2 billion loan to the cruise operator, helping to backstop funding as it grapples with a suspension of voyages. The purchases by Eyal Ofer and Arne Alexander Wilhelmsen came as a syndicate of banks comprising Morgan Stanley ( MS.N ), JPMorgan Chase & Co ( JPM.N ), Bank of America ( BAC.N ), BNP Paribas SA ( BNPP.PA ) and Goldman Sachs ( GS.N ) agreed to arrange the new one-year loan. Wilhelmsen is Royal Caribbean’s largest shareholder with an approximately 11% stake in the company. U.S. companies have been rushing to borrow more money and boost their cash coffers, as economic fallout from the coronavirus pandemic hits their business and threatens a prolonged downturn. The cruise industry has been among the worst affected sectors, as many operators halted operations due to travel restr
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News
- I went on 2 of Royal Caribbean's largest and newest cruise ships. I enjoyed them, but they're not for everyone. [Business Insider]Business Insider
- These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
- How to Play Royal Caribbean (RCL) Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- FIRST CELEBRITY CRUISES GUESTS ENJOY PERFECT DAY AT COCOCAY [Yahoo! Finance]Yahoo! Finance
- FIRST CELEBRITY CRUISES GUESTS ENJOY PERFECT DAY AT COCOCAYPR Newswire
RCL
Earnings
- 2/1/24 - Beat
RCL
Sec Filings
- 4/17/24 - Form ARS
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEF
- RCL's page on the SEC website