(Bloomberg) — Royal Caribbean Cruises Ltd. is seeking an additional $2 billion from investors to boost liquidity as the cruise liner’s ships remain at port to stop the spread of the coronavirus.The company is raising $1 billion in the bond market and another $1 billion through convertible notes, according to a news release. Pricing on the three-year bonds, which may be sold as soon as Thursday, is being discussed in the range of 9.125%, lower than earlier levels of 9.25% to 9.5% and initial talks around high-9% to 10%, according to people familiar with the matter.The unsecured notes are structured …read more
Source:: Yahoo Finance
