Carnival Corporation reported that it expects a loss this fiscal year and is following steps to enhance liquidity, by borrowing $3 billion for six months under an existing credit facility.
According to Bloomberg, the largest player in the cruise industry is reducing investments and expenses and looking for additional financing.
The company reported in a press statement that it will borrow about $3 billion for six months under an existing credit facility, fully drawing down the credit line to meet...
https://safety4sea.com/carnival-to-borrow-3-billion-in-financing-to-boost-liquidity/