Royal Caribbean Cruises LtdRCL
▲ PositiveCapitalrelevance
Completed $1.25 billion senior notes offering to repay debt, improving financial position.

Royal Caribbean Cruises Ltd. has completed its registered public offering of $1.25 billion aggregate principal amount of 5.550% senior unsecured notes due 2034. The notes will mature on January 20, 2034, unless earlier redeemed or repurchased. The company intends to use the net proceeds to repay a portion of outstanding borrowings under its floating rate term loan facilities and any remaining net proceeds to repay or refinance other existing indebtedness. BNP Paribas Securities Corp., BofA Securities, Inc. and Citigroup Global Markets Inc. acted as lead book-running managers for the offering.
Royal Caribbean Cruises LtdCompleted $1.25 billion senior notes offering to repay debt, improving financial position.
Bank of America Corp
Citigroup Inc.