KenWiedemann/iStock Unreleased via Getty Images Introduction Royal Caribbean Cruises (NYSE:RCL) has sailed through turbulent waters over the past few years, facing the suspension of almost all operations during the Covid-19 pandemic. However, the global cruise industry has experienced a resurgence in demand, which only looks set to continue. Royal Caribbean, as one of the largest players in the market, looks set to benefit significantly from this renewed demand. With significantly lower debt levels than its ...

MIAMI, Aug. 12, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its private offering of $2.0 billion aggregate principal amount of 6.000% Senior Notes due 2033 (the "Notes"). The Notes will mature on February 1, 2033, unless earlier redeemed or repurchased. The Company intends to use the proceeds from the sale of the Notes, together with borrowings under the Company's revolving credit facilities, to redeem (i) all of its outstanding 9.250% ...

Key Takeaways Royal Caribbean Cruises was identified as "best in class" among cruise operators by JPMorgan analysts in a research report Tuesday. The analysts added Royal Caribbean to its Analysts Focus List. JPMorgan noted that Royal Caribbean has said passengers are willing to pay more to travel with the cruise line. Shares of Royal Caribbean Cruises (RCL) jumped Tuesday after JPMorgan analysts labeled it "best in class" among the cruise lines. JPM added Royal Caribbean to its Analyst Focus List as a grow ...

Cruise ship operator Royal Caribbean (NYSE:RCL) is seeing its value pop sharply higher on Tuesday as the broader market recovers from Monday's severe selloff. Indeed, RCL stock is gaining more than 9% as of this writing. Contributing to the elevated mood is a debt management deal. Royal Caribbean news has also been riding consumer strength in the underlying sector. First, the company issued a press release noting that it entered into exchange agreements with certain holders of its outstanding 6% convertible ...

More than 35 ways to dine and drink, resort-style pools, waterslides and more, combined with top destinations, set the stage for the boldest vacations in Europe for summer 2025 MIAMI, Aug. 6, 2024 /PRNewswire/ -- Vacationers can mark their calendars for a new way to adventure in Europe when Royal Caribbean International debuts a newly amplified Allure of the Seas in April 2025. The gamechanger is set for a more than $100 million encore of epic proportions that will combine bold experiences and must-see dest ...

The consumer discretionary sector has been having a pretty modest 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has slid 3.9% as of Aug 5. However, with interest rates about to be brought down by the Fed, the sector looks potentially lucrative. Usually, when the economy expands, companies engaged in such businesses do well. Yet, while inflation has been coming down and the GDP advance estimate for second-quarter 2024 has shown the economy is on the right path ...

MIAMI, Aug. 6, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd.(NYSE: RCL) (the "Company") today announced that it has entered into exchange agreements with a limited number of existing holders (the "Noteholders") of its 6.000% Convertible Senior Notes due 2025 (the "2025 Notes") in exchange for a combination of cash and shares of the Company's common stock (the "Exchange Consideration"). The Exchange Consideration will be determined based upon the volume-weighted average price per share of the Company's c ...

| --- | --- | |-------------------------|-------| | | | | | | | RCL | | | Royal Caribbean Cruises | | | $157.25 | | | +2.11 (+1.36%) | | | 52-Week Range $78.35 | | | ▼ | | | $173.37 | | | P/E Ratio | | | 20.26 | | | Price Target $173.50 | | | Add to Watchlist | | The daily candlestick chart for RCL demonstrates the effect of a rising wedge breakdown pattern. This pattern is comprised of converging rising upper and lower trendlines. The breakdown occurs when the stock falls below the lowering ascending trend ...

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release shall not constitute a notice of redemption with respect to either of the Company's 9.250% Senior Notes due 2029 or the 8.250% Senior Secured Notes due 2029. This press release is being issued pursuant to and in accordance with ...

The Company intends to use the proceeds from the sale of the Notes, together with borrowings under the Company's revolving credit facilities, to redeem all of its outstanding 9.250% Senior Notes due 2029 and a portion of its outstanding 8.250% Senior Secured Notes due 2029 (including, in each case, to pay fees and expenses in connection with such redemption). Special Note Regarding Forward-Looking Statements About Royal Caribbean Group MIAMI, July 29, 2024 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: ...