Independent journal on economy and transport policy
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Norwegian Cruise Line gets a loan of 675 million dollars to deal with the coronavirus emergency
The aim is to have additional liquidity to be used just in case
March 10, 2020
Norwegian Cruise Line Holdings (NCLH) cruise group in order to be able to cope with the impact that the spread of COVID-19 virus could have on the activities of its brands Norwegian Cruise Line (NCL), Oceania Cruises and Regent Seven Seas Cruises, has received substantial funding for have additional liquidity to use for each Eventuality. The group announced that, through its subsidiaries, NCL Corporation and Norwegian Epic, with JPMorgan Chase Bank in administrative agent and depository of guarantees, has entered into a credit agreement with some lenders renewable loans totalling 675.0 million dollars.
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