Business
Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2033 and $1.25 billion senior unsecured notes due 2038
Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 (the "2033 Notes") and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038 (the "2038 Notes" and, together with the 2033 Notes, the "Notes"). The 2033 Notes will mature on May 15, 2033 and the 2038 Notes will mature on February 27, 2038, unless earlier rede
About this update from Royal Caribbean Cruises Ltd.
[{"type":"text","content":"MIAMI, Feb. 27, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 (the "2033 Notes") and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038 (the "2038 Notes" and, together with the 2033 Notes, the "Notes"). The 2033 Notes will mature on May 15, 2033 and the 2038 Notes will mature on February 27, 2038, unless earlier redeemed or repurchased.","length":597,"tagName":"p"},{"type":"image","alt":"RCG logo blue (PRNewsfoto/Royal Caribbean Group)","displaySize":"","headline":null,"caption":"RCG logo blue (PRNewsfoto/Royal Caribbean Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":72,"url":"https://media.zenfs.com/en/prnewswire.com/562ab65546f7e36dd67ea90a06603c0a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/wOCiNajIR9TBksVLQ2tYng--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/562ab65546f7e36dd67ea90a06603c0a","width":400,"height":72}},"href":"https://mma.prnewswire.com/media/2866601/Royal_Caribbean_Group_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company intends to use the net proceeds from the sale of the Notes to refinance its senior notes maturing in 2026 and any remaining net proceeds to repay existing indebtedness, which may include term loans.","length":210,"tagName":"p"},{"type":"text","content":"J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC acted as lead book-running managers for the offering.","length":138,"tagName":"p"},{"type":"text","content":"The Notes were offered and sold pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission on February 29, 2024, and became effective upon filing.","length":255,"tagName":"p"},{"type":"text","content":""Completing these offerings at competitive long‑term rates reinforces the depth of investor confidence in our credit and strengthens our financial foundation," said Naftali Holtz, Chief Financial Officer of Royal Caribbean Group. "Extending our ...