Oct. 4, 2021, 5:24 PM
Carnival Corp.’s path to recovery from the pandemic is still fraught with uncertainties. But you’d barely notice that by looking at credit markets.
The cruise-line operator is on track to
Carnival’s ability to refinance cheaply shows both investors’ optimism for the cruise industry and the dearth of opportunities in a market still buoyed by liquidity.
While the Miami-based company said it expects to return its full fleet to the seas by the spring of 2022, …