Royal Caribbean Group has signed up for hundreds of millions of dollars in financing, adding to a total that is already in the billions.
The Richard Fain-led owner of 59 cruiseships has secured a binding commitment from Morgan Stanley for a $700m term loan facility for "general corporate purposes", if needed.
"We have mentioned in the past that we would like to raise more money to be in a more comfortable position to withstand the pause in operations," spokesman Jonathon Fishman told TradeWinds.
