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Royal Caribbean completes upsized $1.5bn private notes offering
Royal Caribbean Group closed its private offering of $1.5bn in 5.5% senior unsecured notes due 2028.
Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review
March 29, 2021
1 Min Read
Credit: Seatrade Cruise News
The offering was upsized from the original $1.25bn announced.
The company expects to use the net proceeds to repay principal on debt maturing or required to be paid in 2021 and 2022, with the remaining proceeds to go for general corporate purposes.
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