‘We have the ability’ to pay off debt

‘We have the ability’ to pay off debt

Norwegian Cruise Line (NCLH) CFO Mark Kempa doesn’t see the cruise operator taking any drastic action to pay down the debt accrued during the COVID-19 pandemic.

“As we look forward over the course of the next two to three years, we have about a billion dollars a year [of debt] plus or minus that’s coming due,” Kempa said on Yahoo Finance Live (video above). “And we firmly believe, given our trajectory today, that with our existing cash on hand and our expected organic cash flow, we are going…


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