---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-095642"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:11:20.176880+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean issues $1.5B of 5.375% Senior Notes due 2036

## Summary
- Completed offering of $1.5B aggregate principal amount of 5.375% Senior Notes due 2036.
- Net proceeds of approximately $1.484B after fees and expenses.
- Proceeds to finance delivery of Celebrity Xcel and redeem/refinance existing debt including revolver.
- Notes mature January 15, 2036; interest payable semi-annually on Jan 15 and Jul 15.

## SEC filing metadata
- accession: 0001104659-25-095642
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2025-10-01T23:59:59+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/884887/000110465925095642/0001104659-25-095642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000110465925095642/tm2526557d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-095642
- JSON: https://secwatch.observer/filing/0001104659-25-095642.json
- Plain text: https://secwatch.observer/filing/0001104659-25-095642.txt

## Key facts
- Debt Financings
  ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $1.5 billion aggregate principal amount with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters at 5.375% per annum maturing January 15, 2036.
  - Instrument: senior notes
  - Principal: $1.5 billion aggregate principal amount
  - Counterparty: BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters
  - Rate: 5.375% per annum
  - Maturity: January 15, 2036
  - Event: incurrence
  source text: On October 1, 2025, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1.5 billion aggregate principal amount of 5.375% Senior Notes due 2036
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000110465925095642/0001104659-25-095642-index.htm

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