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Royal Caribbean closes $1bn private notes offering
Royal Caribbean Group closed its upsized $1bn private offering of 5.375% senior unsecured notes due 2027.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
January 7, 2022
1 Min Read
Credit: Seatrade Cruise News
Proceeds will be used for principal payments on debt maturing in 2022. Pending such uses, Royal Caribbean may temporarily apply the proceeds to repay loans under its revolving credit facilities or other borrowings.
The notes were offered only to qualified institutional buyers outside the US.
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