Debt Hit Cruise Line Sells Bonds To Stay Buoyant

The once mighty international tourism industry is among the worst hit of the Covid-19 pandemic.
The world’s largest cruise group is selling bonds to international investors in both euros and U.S. dollars, according to people familiar with the matter who asked not to be identified because the information isn’t public yet.
Cruise ship operator Carnival Corp. is back in the debt markets this week, adding around $1 billion to the nearly $7 billion it’s borrowed since the coronavirus pandemic...