Royal Caribbean lost 7% after placement of bonds
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Stocks Royal Caribbean Cruises Ltd carried out private placement of the senior convertible bonds for the sum up to $900 million which will be used for repayment of an existing debt. News about the offer also led to depreciation of actions of the competing companies Carnival Corp. and Norwegian Cruise Line Holding Ltd. Last week Carnival carried out public placement of shares as a result of which it was attracted with $1 billion for use in various purposes, including debt repayment in 2023...