Norwegian Cruise Line Holdings secured more than $2bn of additional liquidity, cushioning the impacts of the COVID-19 pandemic and safeguarding against a further downside scenario.
Norwegian Cruise Line Holdings priced its underwritten public offering of 36,363,636 ordinary shares at $11 per share.
Private equity giant L Catterton is buying up to $400m in exchangeable notes in an offering by Norwegian Cruise Line Holdings. NCLH also plans a stock offering and two private notes offerings in further actions to shore up liquidity.
Royal Caribbean Cruises Ltd. secured approximately $220m of incremental liquidity by taking advantage of debt holidays for three French-built ships.
Norwegian Cruise Line Holdings secured a potential $980m additional liquidity via amended loans for three additional ships.
The US Federal Maritime Commission launched a fact-finding investigation to identify commercial measures cruise lines can adopt to mitigate COVID-19-related impacts.
Norwegian Cruise Line Holdings is temporarily scaling back its shoreside workforce by about 20%, through July.
Lindblad Expeditions returned $6.6m in US aid and is lining up coronavirus tests and air charters to be ready to restart some trips in the third quarter.
Here's a quick read of some of today’s coronavirus-related cruise news and announcements.
The new cruise facility at Pier 46 is among 2020 budget cuts at the Port of Seattle.