Financial Times
UK · 1 hrs ago
✦ 78◉ Centre
Ritz-Carlton Yacht lenders ease terms to keep luxury cruise line afloat
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Quality 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Lenders to the Ritz-Carlton Yacht luxury cruise line have agreed to ease repayment terms and delay payment dates, while owners inject $275 million to keep the financially troubled company operational.
Ritz-Carlton Yacht lenders ease terms to keep luxury cruise line afloat
Owners of troubled travel group inject $275mn in return for creditors delaying payment dates and relaxing terms
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