there's a lot of attention once again on carnival today in the wake of their liquidity measures let's get more on that >> big move in the stock right now as carnival rushes to the debt market to raise capital this is a 3 to $4 billion bond offering with a cue upon as high as 12% that's a yield more in line with high yield junk bonds. it comes as credit rating agency moody downgraded their rating today. what's unique about this bond offering is it's in part secured by some of its ships with sailings not expected to resume until mid may or further out, they're facing a cash burn. it's already drawn down a $3 billion resolving credit facility, states like alaska have been pushing for relief from the cruise industry after being left out of the relief bill but remember littcruise lines py