Royal Caribbean Raises $1.5 Billion Through Senior Notes Offering to Finance New Ship Delivery and Refinance Debt
Royal Caribbean Cruises Ltd. has announced the completion of a significant new financing arrangement, issuing $1.5 billion in aggregate principal amount of 5.375% Senior Notes due 2036. The offering was finalized on October 1, 2025, with BofA Securities, Goldman Sachs, and Morgan Stanley acting as lead underwriters. Net proceeds from the notes, approximately $1.484 billion after fees and expenses, will be used to finance the upcoming delivery of the cruise ship _Celebrity Xcel_, replacing the company's previously committed export credit agency facility. Remaining funds are intended for the redemption, refinancing, or repurchase of existing debt, including outstanding amounts under Royal Caribbean's revolving credit facilities. Interest on the notes will be paid semi-annually, beginning January 15, 2026, with maturity set for January 15, 2036.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal Caribbean Cruises Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-095642), on October 01, 2025, and is solely responsible for the information contained therein.
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