---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-014730"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2026-02-13T23:59:59+00:00"
generated_at: "2026-05-16T02:52:21.600710+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean prices $2.5B dual-tranche senior notes to refinance 2026 maturities

## Summary
- Issued $1.25B of 4.750% Senior Notes due 2033 and $1.25B of 5.250% Senior Notes due 2038 via underwritten public offering.
- Expected closing date: February 27, 2026, subject to customary conditions.
- Net proceeds to refinance senior notes maturing in 2026 and repay existing indebtedness, including term loans.
- Underwriters include J.P. Morgan Securities, Morgan Stanley, and PNC Capital Markets.

## SEC filing metadata
- accession: 0001104659-26-014730
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2026-02-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000110465926014730/0001104659-26-014730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000110465926014730/tm265975d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-014730
- JSON: https://secwatch.observer/filing/0001104659-26-014730.json
- Plain text: https://secwatch.observer/filing/0001104659-26-014730.txt

## Key facts
- Material Agreements
  ROYAL CARIBBEAN CRUISES LTD entered into Underwriting Agreement with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto valued at $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,0 (effective 2026-02-12).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto
  - Value: $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,0
  - Effective: 2026-02-12
  source text: On February 12, 2026 , Royal Caribbean Cruises Ltd. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto , relating to the issuance and sale by the Company of $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 in an underwritten public offering (the “Offering”) made pursuant to a registration statement and related prospectus supplement filed with the Securities and Exchange Commission.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884887/000110465926014730/0001104659-26-014730-index.htm

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