A&K Travel Group Issues $700 Million in Senior Notes Due 2033
A&K Travel Group Holdings Ltd. has priced $700 million in 7.5% Senior Notes due 2033, to be issued at par. The proceeds will be used to repay existing debt, fund cruise vessel payments, and cover transaction costs. The notes are expected to settle on May 7, 2026, pending customary conditions.
Topics: bond issuance corporate debt cruise industry financial strategy Fincantieri S.p.A.