HTZ (Hertz, 3.07 -14.44%): Co disclosed that it entered into forbearances and limited waivers with certain of its lenders to provide co additional time through May 22 to engage with stakeholders to develop a financing strategy that "better reflects the economic impact of the COVID-19 pandemic and [co's] ongoing operating and financing requirements"; co had previously failed to make certain payments in accordance with an operating lease agreement and has been endeavoring to avoid bankruptcy. Reports last night indicated that co had engaged advisors to prepare for a possible bankruptcy restructuring. Drops to new lows.
NCLH Norwegian Cruise Line and subsidiary announce public offering of $350 mln of ordinary shares, investment by L Catterton, and offering of exchangeable notes and senior secured notes
Norwegian Cruise Line has commenced an underwritten public offering of $350 mln of ordinary shares of the company. The company expects to use the net proceeds from the Offering for general corporate purposes.
NCL Corporation, a subsidiary of Norwegian Cruise Line, announced a private placement of up to $400 mln in aggregate principal amount of exchangeable senior notes due 2026 to an affiliate of L Catterton.
L Catterton will be entitled to nominate one member to the company's board of directors so long as a minimum ownership threshold is met, as well as one observer to the company's board.
NCL Corporation also announced that it is proposing to sell $650 mln aggregate principal amount of its exchangeable senior notes due 2024 in a private offering.
A separate disclosure providing an update on the company's status amid the COVID-19 pandemic notes that certain factors impacting performance, "in particular the suspension of cruise voyages and decline in advanced bookings, as well as debt maturities and other obligations over the next year, have raised substantial doubt about the Company's ability to continue as a going concern, as the Company does not have sufficient liquidity to meet its obligations over the next twelve months, assuming no additional financing or other proactive measures."
NCLH Norwegian Cruise Line and subsidiary announce public offering of $350 mln of ordinary shares, investment by L Catterton, and offering of exchangeable notes and senior secured notes
Norwegian Cruise Line has commenced an underwritten public offering of $350 mln of ordinary shares of the company. The company expects to use the net proceeds from the Offering for general corporate purposes.
NCL Corporation, a subsidiary of Norwegian Cruise Line, announced a private placement of up to $400 mln in aggregate principal amount of exchangeable senior notes due 2026 to an affiliate of L Catterton.
L Catterton will be entitled to nominate one member to the company's board of directors so long as a minimum ownership threshold is met, as well as one observer to the company's board.
NCL Corporation also announced that it is proposing to sell $650 mln aggregate principal amount of its exchangeable senior notes due 2024 in a private offering.
A separate disclosure providing an update on the company's status amid the COVID-19 pandemic notes that certain factors impacting performance, "in particular the suspension of cruise voyages and decline in advanced bookings, as well as debt maturities and other obligations over the next year, have raised substantial doubt about the Company's ability to continue as a going concern, as the Company does not have sufficient liquidity to meet its obligations over the next twelve months, assuming no additional financing or other proactive measures."
这公司基本上已经玩完，本来到今天就付不起租金，好像借钱的机构又宽限了些时日，估计无济于事。
还挺喜欢租他家车的，可惜了