RCL · News · 20260807N

Long-term Debt Issuance

ROYAL CARIBBEAN CRUISES LTD · 2026-08-07 · Importance 40 · Surprise 42

Royal Caribbean Group priced $1.25 billion of 5.550% senior unsecured notes due 2034 on August 6, 2026. The company said proceeds will repay borrowings under floating-rate term loan facilities and repay or refinance other existing indebtedness. The refinancing should reduce exposure to floating-rate debt while extending maturities, although it adds fixed interest obligations through 2034.

Key facts

• An article noted the issuance of new senior unsecured notes due in 2034 will impact Royal Caribbean Cruises' capital structure and debt profile and that this move, alongside ongoing share buybacks, suggests management is comfortable leveraging the company while returning capital to shareholders. source