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Home Icon > About Us > News > NYC Ferry’s Hornblower Taps Niagara Falls Assets for Cash

NYC Ferry’s Hornblower Taps Niagara Falls Assets for Cash

By Claire Boston and Katherine Doherty (Bloomberg) –The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep its tourist boats and commuter lines running by pledging some of its Niagara Falls assets to creditors. Hornblower Group moved the assets from the Niagara Cruises business into an unrestricted […]

WP_Post Object ( [ID] => 232103 [post_author] => 21 [post_date] => 2020-10-07 22:17:06 [post_date_gmt] => 2020-10-07 22:17:06 [post_content] => NYC ferryBy Claire Boston and Katherine Doherty (Bloomberg) –The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep its tourist boats and commuter lines running by pledging some of its Niagara Falls assets to creditors. Hornblower Group moved the assets from the Niagara Cruises business into an unrestricted […] [post_title] => NYC Ferry’s Hornblower Taps Niagara Falls Assets for Cash [post_excerpt] => By Claire Boston and Katherine Doherty (Bloomberg) –The operator of the cash-strapped NYC Ferry system has lined up $90 million of financing to help keep its tourist boats and commuter lines running by pledging some of its Niagara Falls assets to... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => nyc-ferrys-hornblower-taps-niagara-falls-assets-for-cash [to_ping] => [pinged] => [post_modified] => 2020-10-07 22:17:06 [post_modified_gmt] => 2020-10-07 22:17:06 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=143023 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )