Royal Caribbean Cruises (RCL)

Add a New Bears Reason Company: Royal Caribbean Cruises (RCL) Current price: Headline: (100 character max) Analysis: Cancel 20% agree 5 votes   "Oasis of the Seas" will sink RCL Top Contributor: Andrew Lewis | Created when NYSE:RCL was $6.00 | Edit | History RCL is attempting to find financing to purchase the 5,400-passenger, 16-deck, $1.2 billion Oasis of the Seas from STX Europe's Finnish shipyards[1] - in the credit climate of 2009, however, the company is running into problems with its endeavor. In February 2009, the company opened talks with the Finnish government, asking it to secure its loans in order to attract more private lenders and possibly even to provide its own loans so that the purchase can be made.[2] With a declining tourist market compounded by lack of available credit, it looks like the pursuit of the Oasis will sink RCL. (100 character max) Cancel

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