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Royal Caribbean makes ‘lead time’ with $1bn note offering as cruise secures liquidity
TradeWinds ^ | August 1, 2022 GMT | Michael Juliano

Posted on 08/01/2022 2:42:40 PM PDT by Capt. Tom

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To: Capt. Tom
Royal Caribbean announced last week that they are suspending COVID testing for vaccinated travelers for cruises 5 days or less in length.

Furthermore, they are allowing up to 20% of the passengers to be unvaccinated, subject to testing within 3 days of boarding for cruises of all durations.

-PJ

21 posted on 08/01/2022 4:23:18 PM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Capt. Tom

My husband has booked 6 from August to February and ALL the SUITES on Celebrity are FULL...every class of suites!


22 posted on 08/01/2022 4:23:26 PM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Capt. Tom

Carnival offered $1 billion in 10.5% unsecured notes in May to pay down 11.5% secured notes due next year.

Well, I guess they found someone foolish enough to want to get hosed in a bankruptcy while a best case secenario is barely keeping up with inflation.


23 posted on 08/01/2022 4:23:42 PM PDT by PAR35
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To: Capt. Tom

Thanx. I see I’m a year or so out of touch. GB


24 posted on 08/01/2022 4:41:27 PM PDT by Pearls Before Swine
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To: Capt. Tom

and this all means what ???

Like - Eh ???


25 posted on 08/01/2022 4:54:27 PM PDT by Tennessee Nana
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To: Capt. Tom

we just got a refund from Viking - they still require the Jab, even though the countries and airlines do not


26 posted on 08/01/2022 5:16:21 PM PDT by nevermorelenore ( If My people will pray ....)
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To: Organic Panic

Not been on many cruises have you? Lots of younger couples and families. The ships are like theme parks with roller coasters and slides


27 posted on 08/01/2022 5:21:54 PM PDT by Fai Mao
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To: Tennessee Nana
and this all means what ???
Like - Eh ???

I was just asking the list if they had an opinion on the thread. - Tom

ps Looks to me like the big 3 cruise lines are drifting into a legal Ponzi Scheme, by paying off old borrowed debt by using newly borrowed debt. -Tom

28 posted on 08/01/2022 5:34:47 PM PDT by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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To: Fai Mao
The cruise ships are full.

I went to Alaska w/the GF in early June on NCL. Ship was 50% full. There was slightly more crew than there were passengers.

29 posted on 08/01/2022 5:54:18 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Capt. Tom

Yes like a Ponzi scheme


30 posted on 08/01/2022 6:21:39 PM PDT by Tennessee Nana
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To: PAR35

Carnival was and remains a cash cow. They obtained the lower rate notes in a higher rate environment because smart-people-with-money were willing to lend to them at a lower rate.


31 posted on 08/01/2022 6:25:22 PM PDT by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: Capt. Tom

We’ve been on Freedom at least 3 time. It’s a great ship.

I’m sure she’ll have a great trip!


32 posted on 08/01/2022 6:34:53 PM PDT by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them!it)
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To: Capt. Tom

You have no chance to survive. Make your time


33 posted on 08/01/2022 6:35:50 PM PDT by Ken H (Trump /DeSantis)
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To: usconservative

“I went to Alaska w/the GF in early June on NCL. Ship was 50% full. There was slightly more crew than there were passengers.”

That is an expensive cruise.

The 5 & 7-day cruises out of Florida and Galveston are 100%


34 posted on 08/01/2022 6:40:07 PM PDT by Fai Mao
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To: Capt. Tom

We’re not ready to return to cruising, Tom. Some People are being quarantined on every cruise. I read that Princess keeps Deck 12 available if you test positive & have to be quarantined.


35 posted on 08/01/2022 7:34:11 PM PDT by Dr. Scarpetta ( )
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To: Ann Archy

Which lines did you book? any of them longer than a week?


36 posted on 08/01/2022 7:35:16 PM PDT by Mount Athos
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To: Justa

Libor one year is 3.7; WSJ Prime is 5.5. They are still paying pretty hefty margins.


37 posted on 08/01/2022 7:45:31 PM PDT by PAR35
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To: Capt. Tom
Looks to me like the big 3 cruise lines are drifting into a legal Ponzi Scheme, by paying off old borrowed debt by using newly borrowed debt.

Looks like the big 3 are shuffling deck chairs, trying to stretch out their viability until they receive either a buyout, a bailout, or interest rates fall to near zero again. None of the options seem highly likely to end in their favor.

It is painful to watch a perfectly enjoyable and usually profitable travel and leisure industry in a slow motion train wreck, through no real fault of their own.

38 posted on 08/01/2022 8:06:42 PM PDT by NautiNurse (Who will portray Alec Baldwin in the SNL skit? )
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To: Mount Athos

Yes....some 8 days....Celebrity and Princess for 15 days.


39 posted on 08/02/2022 3:40:19 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: SomeCallMeTim; Ann Archy
We’ve been on Freedom at least 3 time. It’s a great ship.
I’m sure she’ll have a great trip!

As long as there is a good casino onboard, I am sure she will.

I will also tell her to visit tie Sphink's lounge. -Tom

40 posted on 08/02/2022 9:26:56 AM PDT by Capt. Tom (.It's COVID 2022 - The Events, not us, are still in charge. )
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