US EditionRoyal Caribbean Group announces upsizing and extension of revolving credit facilities
- On May 14, 2025, in Miami, Royal Caribbean Group announced that it had revised and increased the capacity of its two unsecured revolving credit lines.
- The company increased the combined commitments by $2.28 billion, equally split between each facility, extending the three-year facility's maturity to October 2030 from 2026.
- Royal Caribbean manages a worldwide collection of 67 vessels under five distinct brands, catering to millions of travelers and providing unique land-based attractions such as Perfect Day at CocoCay.
- Chief Financial Officer Naftali Holtz stated that increasing the size of the revolving credit facilities reflects the company's solid credit standing and the strong backing it receives from its lenders.
- With improved financial flexibility and robust cash flow, Royal Caribbean is strongly positioned to pursue its growth strategies and generate sustained value for shareholders.
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Rutland Herald+41 Reposted by 41 other sources
Royal Caribbean Group announces upsizing and extension of revolving credit facilities
MIAMI, May 14, 2025 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) (the "Company") today announced that it has amended and upsized its two unsecured revolving credit facilities. The amendments increased commitments by $2.28 billion, equally distributed between each facility, bringing…
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