Business
Royal Caribbean Group announces pricing 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 priced a 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. The Notes are expected t
About this update from Royal Caribbean Cruises Ltd.
[{"type":"text","content":"MIAMI, Feb. 12, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a 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. The Notes are expected to be issued on or around February 27, 2026, subject to the satisfaction of customary closing conditions.","length":681,"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 are acting as lead book-running managers for the offering.","length":148,"tagName":"p"},{"type":"text","content":"The Notes offering is being made pursuant to an automatic shelf registration statement (including a prospectus) that was filed by the Company with the Securities and Exchange Commission (the "SEC") on February 29, 2024, and became effective upon filing. Before you invest, you should read the prospectus in the shelf registration statement and the documents incorporated by reference therein and the prospectus supplement that the Company has filed wit...