Royal Caribbean Group announces upsizing and extension of revolving credit facilities
Royal Caribbean Group (NYSE: RCL) has successfully amended and upsized its two unsecured revolving credit facilities, demonstrating strong financial positioning. The key changes include:
- A $2.28 billion increase in commitments, equally split between both facilities, bringing total commitments to $6.35 billion
- Extension of the three-year facility's maturity from October 2026 to October 2030
- The second facility maintains its maturity date of October 2028
CFO Naftali Holtz emphasized that this enhancement reflects the company's strong credit profile and banking relationships, while providing increased financial flexibility to support growth initiatives and shareholder value.
Royal Caribbean Group (NYSE: RCL) ha ampliato e aumentato con successo i suoi due linee di credito revolving non garantite, dimostrando una solida posizione finanziaria. Le modifiche principali includono:
- Un aumento di 2,28 miliardi di dollari negli impegni, diviso equamente tra entrambe le linee, portando gli impegni totali a 6,35 miliardi di dollari
- Estensione della scadenza della linea triennale da ottobre 2026 a ottobre 2030
- La seconda linea mantiene la scadenza di ottobre 2028
Il CFO Naftali Holtz ha sottolineato che questo miglioramento riflette il forte profilo creditizio e le solide relazioni bancarie dell’azienda, offrendo al contempo maggiore flessibilità finanziaria per sostenere iniziative di crescita e il valore per gli azionisti.
Royal Caribbean Group (NYSE: RCL) ha modificado y ampliado con éxito sus dos líneas de crédito revolventes no garantizadas, demostrando una sólida posición financiera. Los cambios clave incluyen:
- Un aumento de 2.280 millones de dólares en los compromisos, dividido por igual entre ambas líneas, elevando el total a 6.350 millones de dólares
- Extensión del vencimiento de la línea a tres años de octubre de 2026 a octubre de 2030
- La segunda línea mantiene su fecha de vencimiento en octubre de 2028
El CFO Naftali Holtz destacó que esta mejora refleja el sólido perfil crediticio y las buenas relaciones bancarias de la compañía, al tiempo que proporciona mayor flexibilidad financiera para apoyar iniciativas de crecimiento y el valor para los accionistas.
로열 캐리비안 그룹(NYSE: RCL)은 두 개의 무담보 회전 신용 한도를 성공적으로 수정 및 확대하여 강력한 재무 상태를 입증했습니다. 주요 변경 사항은 다음과 같습니다:
- 두 시설에 균등하게 나눠진 22억 8천만 달러 증가로 총 약정액이 63억 5천만 달러로 증가
- 3년 만기 시설의 만기 연장: 2026년 10월에서 2030년 10월로 변경
- 두 번째 시설은 2028년 10월 만기 유지
CFO 나프탈리 홀츠는 이번 개선이 회사의 강력한 신용 프로필과 은행 관계를 반영하며, 성장 이니셔티브와 주주 가치를 지원하기 위한 재무 유연성을 높여준다고 강조했습니다.
Royal Caribbean Group (NYSE : RCL) a réussi à modifier et augmenter ses deux lignes de crédit renouvelables non sécurisées, démontrant une solide position financière. Les changements clés comprennent :
- Une augmentation de 2,28 milliards de dollars des engagements, répartie également entre les deux lignes, portant le total des engagements à 6,35 milliards de dollars
- Extension de l'échéance de la ligne de crédit de trois ans d'octobre 2026 à octobre 2030
- La seconde ligne conserve sa date d'échéance en octobre 2028
Le directeur financier Naftali Holtz a souligné que cette amélioration reflète le solide profil de crédit de l'entreprise et ses relations bancaires, tout en offrant une plus grande flexibilité financière pour soutenir les initiatives de croissance et la valeur pour les actionnaires.
Royal Caribbean Group (NYSE: RCL) hat seine beiden unbesicherten revolvierenden Kreditlinien erfolgreich geändert und erhöht, was eine starke finanzielle Positionierung zeigt. Die wichtigsten Änderungen umfassen:
- Eine Erhöhung der Zusagen um 2,28 Milliarden US-Dollar, gleichmäßig auf beide Kreditlinien verteilt, wodurch sich die Gesamtsumme auf 6,35 Milliarden US-Dollar erhöht
- Verlängerung der Laufzeit der dreijährigen Kreditlinie von Oktober 2026 auf Oktober 2030
- Die zweite Kreditlinie behält ihr Fälligkeitsdatum im Oktober 2028 bei
Finanzvorstand Naftali Holtz betonte, dass diese Verbesserung das starke Kreditprofil und die guten Bankbeziehungen des Unternehmens widerspiegelt und gleichzeitig eine erhöhte finanzielle Flexibilität zur Unterstützung von Wachstumsinitiativen und zur Steigerung des Aktionärswerts bietet.
- Significant $2.28 billion increase in credit facilities to $6.35 billion total
- Extension of maturity date from 2026 to 2030 for one facility, improving long-term financial stability
- Strong credit profile demonstrated by lender support
- Enhanced financial flexibility for strategic growth initiatives
- None.
"The upsizing of the revolving credit facilities highlights the strength of our credit profile and the robust support from our lending partners," said Naftali Holtz, chief financial officer. "This enhanced financial flexibility, coupled with strong cash flow generation, positions us well to execute on our strategic growth initiatives and deliver long term shareholder value."
About Royal Caribbean Group:
Royal Caribbean Group (NYSE: RCL) is a vacation industry leader with a global fleet of 67 ships across its five brands traveling to all seven continents. With a mission to deliver the best vacations responsibly, Royal Caribbean Group serves millions of guests each year through its portfolio of best-in-class brands, including Royal Caribbean, Celebrity Cruises, and Silversea; and an expanding portfolio of land-based vacation experiences through Perfect Day at CocoCay and Royal Beach Club collection. The company also owns a
Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the company's credit profile, cash flow generation, strategic growth initiatives, and liquidity. Forward-looking statements reflect management's current expectations and are subject to risks, uncertainties and other factors that could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Factors that could affect our results include, among others, those discussed under the caption "Risk Factors" in our most recent quarterly report on Form 10-Q, as well as our other filings with the SEC, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC's website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Royal Caribbean Group
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