Genting Hong Kong has announced it has received formal written agreement from its financial creditors, partners, and stakeholders to undergo a “holistic recapitalization of the group” and extension of the group’s material financial indebtedness.
The company has been working for months to solve the material impact that the covid-19 pandemic has had on its financial position and results.
The cruise industry was ground to a full halt during covid – causing an unprecedented strain on the global cruise ship industry.
Genting Hong Kong operates Star Cruises, Dream Cruises and Crystal Cruises.
Written by
Felix Ng
Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.
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