ROYAL CARIBBEAN CRUISES LTD (RCL) Form 424B5 — Aug 6, 2026
Royal Caribbean Cruises Ltd. filed a preliminary prospectus supplement dated August 6, 2026 for an offering of senior notes due 2034, with the principal amount and interest rate left blank pending pricing. BNP Paribas, BofA Securities and Citigroup are the lead book-running managers. The company intends to use the net proceeds to repay a portion of its floating rate term loan facilities, which had approximately $2.5 billion outstanding at June 30, 2026 at weighted average rates of 5.04% on dollar-denominated loans and 4.06% on euro-denominated loans, with any remainder going to repay or refinance other existing debt.
Key figures
- Revenue
- 9284000000
- Net Income
- 2070000000
- Total Debt
- 22836000000
- Total Assets
- 44644000000
- Cash Position
- 875000000
- Capex6 M2026
- 3237000000
- Fy2023 Revenue
- 13900000000
- Fy2024 Revenue
- 16484000000
- Fy2025 Revenue
- 17935000000
- Notes Maturity
- 2034
- Revenue6 M2025
- 8537000000
- Revenue Period
- Six months ended June 30, 2026
- Occupancy6 M2026
- 109.4%
- Total Debt Principal
- 23257000000
- Total Capitalization
- 33297000000
- Adjusted EBITDA6 M2026
- 3532000000
- Fy2025 Adjusted EBITDA
- 7026000000
- Operating Income6 M2026
- 2469000000
- Adjusted Net Income6 M2026
- 2105000000
- Operating Cash Flow6 M2026
- 3694000000
- Passengers Carried6 M2026
- 4908738
- Revolver Undrawn Capacity
- 6000000000
- Total Shareholders Equity
- 10461000000
- Committed Ship Financing Debt
- 14300000000
- Eur Term Loan Weighted Avg Rate
- 4.06%
- Usd Term Loan Weighted Avg Rate
- 5.04%
- Net Cruise Costs Per APCD6 M2026
- 154
- Change Of Control Repurchase Price
- 101% of principal
- Floating Rate Term Loans Outstanding
- 2500000000
- Weighted Average Interest Rate Total Debt
- 4.66%
Price after filing
Close on the filing date to close N calendar days later (from $320.55). Historical, not a forecast.
AI analysis
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