Highly unlikely they’re going to go bankrupt. $2 billion in cash will get them through over a year without a dime of income. Plus, they just renegotiated the mortgages (is that the term for a ship?) for their five newest cruise ships courtesy of Germany, with all payments deferred for 12 months, saving them millions of dollars every month.
This is likely little more than SEC-mandated over disclosure to avoid future allegations that they didn’t disclose all the risks. Prospectuses are full of risks that have next to zero chance of actually happening, just because they legally have to be in there.
I hope to be able to go on my cruise with them this October for my anniversary. *fingers crossed*
Oh, and cruise ships are generally among the cleanest places you can be.
“Plus, they just renegotiated the mortgages (is that the term for a ship?)...”
Yeah, isn’t that wild? I guess its not liking a loan for a Chris Craft runabout with an inboard motor.