secwatch.observer — SEC 8-K summary
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Issuer:     ROYAL CARIBBEAN CRUISES LTD (RCL)
CIK:        0000884887
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001104659-25-030603
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884887/000110465925030603/0001104659-25-030603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884887/000110465925030603/tm2510728d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-030603

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