{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-063656","form_type":"8-K","ticker":"RCL","cik":"0000884887","company_name":"ROYAL CARIBBEAN CRUISES LTD","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.604780+00:00","generated_at":"2026-05-18T17:11:49.722355+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Royal Caribbean enters €896.8M debt financing for sixth Edge-class ship (Q4 2028 delivery)","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-063656","json":"https://secwatch.observer/filing/0001104659-25-063656.json","markdown":"https://secwatch.observer/filing/0001104659-25-063656.md","text":"https://secwatch.observer/filing/0001104659-25-063656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/884887/000110465925063656/0001104659-25-063656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/884887/000110465925063656/tm2519254d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T17:11:49.722355+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd0cb94aa0fa51f74ae6bef849accb1fa39d691c","claim":"ROYAL CARIBBEAN CRUISES LTD incurred term loan with BpiFrance Assurance Export at Term SOFR plus 0.85% per annum maturing twelve years thereafter.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/884887/000110465925063656/0001104659-25-063656-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"BpiFrance Assurance Export"},{"label":"Rate","value":"Term SOFR plus 0.85% per annum"},{"label":"Maturity","value":"twelve years thereafter"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}