---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-030603"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T01:19:46.181473+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# RCL secures €1.45B credit for seventh Oasis-class ship, delivery Q2 2028

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-030603
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000110465925030603/0001104659-25-030603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000110465925030603/tm2510728d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-030603
- JSON: https://secwatch.observer/filing/0001104659-25-030603.json
- Plain text: https://secwatch.observer/filing/0001104659-25-030603.txt

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