The major cruise operator announces a $1.0 billion notes offering to refinance debt, but highlights significant headwinds and uncertainties that could negatively impact the business.
The travel services company has priced a $1.0 billion notes offering to refinance existing debt and reduce interest expense, a positive move for its financial health.
The major cruise operator is redeeming $993 million in senior unsecured notes and launching a new notes offering to reduce its interest expense.
The cruise company has announced a director transaction involving the vesting of restricted stock units and the withholding of shares to cover taxes.
The major cruise operator is redeeming a portion of its existing senior unsecured notes, a move aimed at deleveraging its balance sheet and reducing interest expense.
The cruise operator has granted restricted shares to its non-executive directors as part of its 2020 stock plan.
The cruise operator reported a 7.5% year-over-year increase in Q1 2025 revenue, with a reasonable valuation and strong liquidity position.
The major cruise operator reported record first quarter results, raising its full year 2025 guidance on strong demand and pricing. The company also made progress on its debt profile, reducing interest costs.
The major travel services company will hold a conference call to discuss its first quarter financial results.
The cruise operator has completed a $1 billion notes offering to refinance existing debt and reduce annual interest expense by over $45 million.