---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-128836"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:38:02.456964+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# Royal Caribbean signs credit agreement for Celebrity Xcel; SOFR+1.45%, 12yr maturity

## Summary
- Credit agreement for Celebrity Xcel (fifth Edge-class) signed December 22, 2023; delivery expected Q4 2025.
- Term loan is 100% guaranteed by French export credit agency BpiFrance Assurance Export.
- Interest accrues at Term SOFR plus 1.45%; loan amortizes semi-annually, matures 12 years after delivery.
- Contains customary events of default, prepayment events, and financial covenants.

## SEC filing metadata
- accession: 0001104659-23-128836
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000110465923128836/0001104659-23-128836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000110465923128836/tm2333514d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-128836
- JSON: https://secwatch.observer/filing/0001104659-23-128836.json
- Plain text: https://secwatch.observer/filing/0001104659-23-128836.txt

## Key facts
- Material Agreements
  ROYAL CARIBBEAN CRUISES LTD entered into a credit facility (effective 2023-12-22).
  - Action: entry
  - Agreement: credit facility
  - Effective: 2023-12-22
  source text: On December 22, 2023, we entered into a credit agreement for the financing of Celebrity Xcel, the fifth Edge-class ship for Celebrity Cruises
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000110465923128836/0001104659-23-128836-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.