Ritz-Carlton Yacht Lenders Ease Terms to Support Luxury Cruise Line

Lenders to the Ritz-Carlton Yacht Collection have relaxed payment terms, while owners injected $275 million, to help keep the luxury cruise line financially stable.

31 May, 17:00 — 31 May, 17:00

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FTVery High12d ago

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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Ritz-Carlton Yacht Lenders Ease Terms to Support Luxury Cruise Line

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Ritz-Carlton Yacht lenders ease terms to keep luxury cruise line afloat

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