Saga launches multi-stage recap

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Saga launches multi-stage recap

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dpatop - 30 August 2020, Lower Saxony, Papenburg: The new cruise liner "Spirit of Adventure" has left the Meyer Werft shipyard and is underway on the Ems. The ship built for the British shipping company Saga Cruises is to be transferred to the North Sea via the Ems. Photo: Hauke-Christian Dittrich/dpa | Hauke-Christian Dittrich/DPA/PA Images

London-listed cruise operator and retirement services provider Saga has completed the first leg of a £150m recapitalisation led by Sir Roger De Haan, the son of its founder.

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