Norwegian has to pull out of this no income dilemma quickly or it will have to drastically sell off ships and restructure. (A form of ch. 11 bankruptcy). - Tom
1 posted on
02/12/2022 9:58:18 AM PST by
Capt. Tom
To: Capt. Tom
Theres going to be an end to their roll over opportunities ..
Theres a final payday coming and it wont be pretty ...
To: Capt. Tom
Norwegian has to pull out of this no income dilemma quickly or it will have to drastically sell off ships and restructure. (A form of ch. 11 bankruptcy). - Tom Sell them off to whom?
Oh wait, let me guess.
3 posted on
02/12/2022 10:03:07 AM PST by
Steely Tom
([Voter Fraud] == [Civil War])
To: Capt. Tom
I just assumed from day one that the only way these companies would survive the lockdowns was to be bailed out by government.
4 posted on
02/12/2022 10:03:47 AM PST by
cuban leaf
(My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
To: Capt. Tom
Hey, mind if we put this fill up on your card?
5 posted on
02/12/2022 10:12:11 AM PST by
billorites
(freepo ergo sum)
To: Capt. Tom
Low rates. Why would anyone pay off debt now?
7 posted on
02/12/2022 10:28:52 AM PST by
Fido969
(45 is Superman!)
To: Capt. Tom
Even the mafia won’t lend them money and the ships used as collateral aren’t worth much at this point. Maybe the dock facilities and buildings can be sold.
9 posted on
02/12/2022 10:59:03 AM PST by
dynachrome
("I will not be reconstructed, and I do not give a damn.")
To: Capt. Tom
I hope Norwegian doesn’t go the way of Crystal. I have enjoyed cruising with them.
11 posted on
02/12/2022 11:01:23 AM PST by
libh8er
To: Capt. Tom
How can they pay off debt when they haven’t made any money over the last few years?
Cruise stocks have nowhere to go but up commensurate with COVID weakening.
17 posted on
02/12/2022 12:39:30 PM PST by
AAABEST
(NY/DC/LA media/political/military industrial complex DELENDA EST)
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