Royal Caribbean secure ‘Allure of the Seas’ financing
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
MIAMI, Dec 21, 2009 /PRNewswire-FirstCall via COMTEX/ — RoyalCaribbean Cruises Ltd. (NYSE: RCL; Oslo) today announced it hasarranged commitments for unsecured financing in the amount of up to USD1,130,000,000 or 80 percent of the contract price of Royal CaribbeanInternational’s Allure of the Seas.
The facility will be 95 percent guaranteed by Finnvera, the officialexport credit agency of Finland, and amortizes over 12 years. BNPParibas, Citi, Nordea Bank and SEB have each committed to provide 25percent of the financing and each has a seven year put option. Thecompany has an option of a floating or fixed rate of interest. Thecommitments are subject only to customary closing conditions.
Royal Caribbean Cruises Ltd. is a global cruise vacation company thatoperates Royal Caribbean International, Celebrity Cruises, Pullmantur,Azamara Cruises and CDF Croisieres de France. The company has acombined total of 39 ships in service and four under construction. Italso offers unique land-tour vacations in Alaska, Asia, Australia,Canada, Europe, Latin America and New Zealand. Additional informationcan be found on www.royalcaribbean.com, www.celebrity.com,www.pullmantur.es, www.azamaraclubcruises.com or www.rclinvestor.com.
Comments are closed.