# ROYAL CARIBBEAN CRUISES LTD (RCL) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_c710bc31278af99febcd · retrieved 2026-08-12T06:56:48.368Z

## Overview
Royal Caribbean Cruises Ltd. operates a fleet of passenger cruise vessels and provides cruise vacation services under multiple brands including Celebrity Cruises.

Royal Caribbean Cruises Ltd. entered into an underwriting agreement on August 6, 2026 with BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc. as representatives to issue and sell $1,250,000,000 aggregate principal amount of 5.550% Senior Notes due January 20, 2034. The underwritten public offering is expected to close on August 20, 2026, subject to customary closing conditions. The company intends to use net proceeds to repay a portion of outstanding borrowings under its floating rate term loan facilities and to repay or refinance other existing indebtedness.

## Terms
- Counterparty: BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc. (and other underwriters) · Deal value: $1.25B · Consideration: cash

## Key dates
- Announced 2026-08-07 · Expected close 2026-08-20

## Timeline
- 2026-08-07 · 8-K (0001104659-26-092371): 8-K - ROYAL CARIBBEAN CRUISES LTD — *Royal Caribbean Cruises Ltd. operates a fleet of passenger cruise vessels and provides cruise vacation services under multiple brands including Celebrity Cruises.* Royal Caribbean Cruises Ltd. entered into an underwriting agreement on August 6, 2026 with BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc. as representatives to issue and sell $1,250,000,000 aggregate principal amount of 5.550% Senior Notes due January 20, 2034. The underwritten public offering is expected to close on August 20, 2026, subject to customary closing conditions. The company intends to use net proceeds to repay a portion of outstanding borrowings under its floating rate term loan facilities and to repay or refinance other existing indebtedness.
  https://www.sec.gov/Archives/edgar/data/884887/0001104659-26-092371.txt

## Citations
- 0001104659-26-092371 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926092371