Carnival has its credit rating slashed as its return to the seas is likely crippled by an uptick in COVID-19 cases

· *Carnival Cruise Line, the world's largest cruise operator, has lost its investment-grade status after S&P downgraded its rating on Tuesday.*
· *Carnival's credit rating now stands at BB-, dropped from BBB-, as S&P analysts established a "high level of uncertainty" for the cruise operator's return to normal services.*
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