Business
Royal Caribbean Group announces pricing of $1.5 billion offering of senior unsecured notes
Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a registered public offering of $1.5 billion aggregate principal amount of 5.375% senior unsecured notes due 2036 (the "Notes"). The Notes will mature on January 15, 2036. The Notes are expected to be issued on or around October 1, 2025, subject to the satisfaction of customary closing conditions.
About this update from Royal Caribbean Cruises Ltd.
[{"type":"text","content":"MIAMI, Sept. 22, 2025 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a registered public offering of $1.5 billion aggregate principal amount of 5.375% senior unsecured notes due 2036 (the "Notes"). The Notes will mature on January 15, 2036. The Notes are expected to be issued on or around October 1, 2025, subject to the satisfaction of customary closing conditions.","length":448,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Royal Caribbean Group)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Royal Caribbean Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":320,"height":61,"url":"https://media.zenfs.com/en/prnewswire.com/7a61d251468801f368cf75090c4adad6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FKSQYoAqbbmx513YCe60Bg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTEyMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7a61d251468801f368cf75090c4adad6","width":320,"height":61}},"href":"https://mma.prnewswire.com/media/1213007/RCG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company intends to use the net proceeds from the sale of the Notes to finance the upcoming delivery of Celebrity Xcel in lieu of utilizing its existing committed export credit agency facility and, with the remaining net proceeds, to redeem, refinance or otherwise repurchase existing indebtedness, including amounts outstanding under its revolving credit facilities.","length":385,"tagName":"p"},{"type":"text","content":"BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as lead book-running managers for the offering.","length":142,"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 with the SEC for more complete information about the Company and the offering.","length":562,"tagName":...