Royal Caribbean Cruises Ltd. (RCL) has successfully completed a $2.5 billion senior notes offering, consisting of $1.25 billion in 4.750% Senior Notes due 2033 and $1.25 billion in 5.250% Senior Notes due 2038. This strategic financial move aims to refinance existing senior notes maturing in 2026 and other indebtedness. The offering, managed by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and PNC Capital Markets LLC, generated net proceeds of approximately $2.471 billion to optimize the company’s capital structure and enhance financial flexibility.
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Royal Caribbean Cruises Ltd. (RCL) Completes $2.5 Billion Senior Notes Offering
Royal Caribbean Cruises Ltd. (RCL) has successfully completed a $2.5 billion senior notes offering, consisting of $1.25 billion in 4.750% Senior Notes due 2033 and $1.25 billion in 5.250% Senior Notes due 2038. This strategic financial move aims to refinance existing senior notes maturing in 2026 and other indebtedness. The offering, managed by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and PNC Capital Markets LLC, generated net proceeds of approximately $2.471 billion to optimize the company’s capital structure and enhance financial flexibility.