debt
confidence high
sentiment neutral
materiality 0.60
RCL announces $1.0B senior notes offering due 2031 to refinance 7.250% notes due 2030
ROYAL CARIBBEAN CRUISES LTD
- Offering $1.0B aggregate principal of senior unsecured notes due 2031.
- Proceeds to redeem all outstanding 7.250% Senior Notes due 2030, eliminating guaranteed indebtedness.
- Also to repay in full the Silver Dawn finance lease obligations.
- Pending use, proceeds may temporarily reduce revolver borrowings.
- Notes offered to QIBs under Rule 144A and non-U.S. persons under Reg S.