Royal Caribbean prices $1.25B senior notes offering at 5.550%, due 2034, to refinance debt

Filed August 10, 2026 · ~1 min read

Key Changes

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  Royal Caribbean is issuing $1.25 billion of 5.550% senior unsecured notes due January 2034, with net proceeds of $1.2 billion to the company after underwriting fees and expenses.

  The Offering verify on EDGAR →
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  Proceeds will repay floating rate term loans and refinance other existing debt. This is a debt refinancing transaction, not funding for growth or operations.

  Use of Proceeds verify on EDGAR →
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  Total debt will reach approximately $22.8 billion on a pro forma basis after this offering, with an additional $14.3 billion in committed debt to finance ships on order.

  Risk Factors verify on EDGAR →