Royal Caribbean prices $800m notes offeringRoyal Caribbean prices $800m notes offering

According to a filing, the expected ratings for the notes are Baa3 with a stable outlook from Moody's and BBB- with a stable outlook from Standard & Poors.

Net proceeds from the sale will go toward repaying debt, including the company's $290m unsecured term loan due 2018 and portions of its unsecured revolving credit facility due 2020 and unsecured revolving credit facility due 2022. Any remaining proceeds will be used for general corporate purposes.

The joint book-running managers are Merrill Lynch, Pierce, Fenner & Smith, Morgan Stanley, BNP Paribas, Goldman Sachs, Mizuho Securities USA, SMBC Nikko Securities America, BBVA Securities, Citigroup Global Markets, HSBC Securities (USA), JP Morgan Securities, Scotia Capital (USA) and SG Americas Securities.

Senior co-managers are DNB Markets, ICBC Standard Bank, MUFG Securities Americas, Santander Investment Securities and Skandinaviska Enskilda Banken. Co-managers are Fifth Third Securities and SunTrust Robinson Humphrey.