Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Royal Caribbean closes $1bn private notes offering

CRUISE_Royal_Caribbean_Group_logo.jpg
Royal Caribbean Group closed its upsized $1bn private offering of 5.375% senior unsecured notes due 2027.

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.