ROYAL CARIBBEAN CRUISES LTD (RCL): debt financing — Royal Caribbean enters €896.8M debt financing for sixth Edge-class ship (Q4 2028 delivery)

ROYAL CARIBBEAN CRUISES LTD

Credit agreement provides up to €896.8M term loan, 100% guaranteed by Bpifrance Assurance Export.
Loan amortizes semi-annually, matures 12 years after vessel delivery; interest at Term SOFR + 0.85%.
Sixth Edge-class ship scheduled for delivery in Q4 2028; proceeds fund construction costs.
Includes accordion option for additional advances (amount not specified) and customary default/prepayment terms.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ROYAL CARIBBEAN CRUISES LTD incurred term loan with BpiFrance Assurance Export at Term SOFR plus 0.85% per annum maturing twelve years thereafter.

Instrument: term loan
Counterparty: BpiFrance Assurance Export
Rate: Term SOFR plus 0.85% per annum
Maturity: twelve years thereafter
Event: incurrence

Exact text from the filing

On June 25, 2025, Royal Caribbean Cruises Ltd. (the “Company”) entered into a credit agreement (the “Credit Agreement”) for the financing of the sixth Edge-class ship which is scheduled for delivery in the fourth quarter of 2028.

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Source: SEC EDGAR

accession 0001104659-25-063656

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