Royal Caribbean Cruises Ltd.,today announced that it has completed its registered public offering of $1.25 billion aggregate principal amount of 5.550% senior unsecured notes due 2034 (the “Notes”). The Notes will mature on January 20, 2034, unless earlier redeemed or repurchased.
The Company intends to use the net proceeds from the sale of the Notes to repay a portion of the outstanding borrowings under its floating rate term loan facilities and any remaining net proceeds to repay or refinance other existing indebtedness.
BNP Paribas Securities Corp., BofA Securities, Inc. and Citigroup Global Markets Inc. acted as lead book-running managers for the offering.
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.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
