debt
confidence high
sentiment neutral
materiality 0.55
RCL secures €1.45B credit for seventh Oasis-class ship, delivery Q2 2028
ROYAL CARIBBEAN CRUISES LTD
- Credit agreement for financing seventh Oasis-class ship; delivery scheduled for Q2 2028.
- Term loan up to €1,446,194,720, 100% guaranteed by Bpifrance Assurance Export.
- Interest at Term SOFR plus 0.85%, semi-annual amortization, matures 12 years post-delivery.
- Loan converts to USD on delivery; includes customary events of default and prepayment clauses.
- Lenders include J.P. Morgan, Bank of America, BBVA, Citibank, HSBC, BNP Paribas, SMBC, Société Générale, Santander.