ROYAL Caribbean Group (RCG) has announced a US$650 million capital raising through a private offering of senior unsecured notes, due 2026. RCG intends to use the proceeds from the sale to fund the redemption in full of approximately US$619.8 million aggregate principal amount of the 7.25% senior secured notes due...
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ROYAL Caribbean Group (RCG) has announced a US$650 million capital raising through a private offering of senior unsecured notes, due 2026.
RCG intends to use the proceeds from the sale to fund the redemption in full of approximately US$619.8 million aggregate principal amount of the 7.25% senior secured notes due 2025, issued by Silversea Cruises, including call premiums, fees and expenses in connection with the redemption.
The remaining balance will be used for general corporate purposes, RCG said.
Meanwhile, the company has named Rosanna Fiske as Global Chief Communications Officer.
She will report to Donna Hrinak, SVP of Corporate Affairs, and will lead RCG’s global corporate communications strategy with internal and external stakeholders.
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