debt
confidence high
sentiment neutral
materiality 0.60
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.
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