--- title: "Royal Caribbean Announces $1.25 Billion Senior Notes Offering" type: "News" locale: "en" url: "https://longbridge.com/en/news/295236786.md" description: "Royal Caribbean announced a $1.25 billion senior notes offering due in 2034, with closing expected on August 20, 2026. Proceeds will primarily repay floating rate term loans and refinance existing debt to lower interest-rate risk and strengthen its capital structure. The stock holds a 'Hold' rating from analysts with a $300 target, while TipRanks' AI Analyst Spark rates it an 'Outperform' based on strong profitability and positive guidance, despite elevated leverage." datetime: "2026-08-07T12:41:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295236786.md) - [en](https://longbridge.com/en/news/295236786.md) - [zh-HK](https://longbridge.com/zh-HK/news/295236786.md) generator: "portal-rs" --- # Royal Caribbean Announces $1.25 Billion Senior Notes Offering Royal Caribbean ( (RCL) ) has shared an update. On August 6, 2026, Royal Caribbean Cruises Ltd. entered into an underwriting agreement with a syndicate of banks led by BNP Paribas Securities Corp., BofA Securities, Inc. and Citigroup Global Markets Inc. for a public offering of $1.25 billion of 5.550% senior notes due 2034, with closing expected on August 20, 2026, subject to customary conditions. The company plans to use the net proceeds primarily to repay borrowings under its floating rate term loan facilities and to refinance other existing debt, a move that could lower interest-rate risk, extend debt maturities and strengthen its capital structure for future operations. The most recent analyst rating on (RCL) stock is a Hold with a $300.00 price target. To see the full list of analyst forecasts on Royal Caribbean stock, see the RCL Stock Forecast page. **Spark’s Take on RCL Stock** According to Spark, TipRanks’ AI Analyst, RCL is a Outperform. The score is driven primarily by strong profitability and positive forward guidance, supported by an upward price trend. The main constraints are elevated leverage and a recent dip to negative TTM free cash flow, with valuation appearing fair rather than especially cheap. To see Spark’s full report on RCL stock, click here. **More about Royal Caribbean** Royal Caribbean Cruises Ltd. is a global cruise operator in the leisure travel and tourism industry, offering ocean-going vacations on large cruise ships to a broad international customer base. The company’s primary services include multi-day cruise itineraries and onboard hospitality experiences targeted at mass-market and premium travelers. **Average Trading Volume:** 2,749,726 **Technical Sentiment Signal:** Strong Buy **Current Market Cap:** $85.37B For an in-depth examination of RCL stock, go to TipRanks’ Overview page. ### Related Stocks - [RCL.US](https://longbridge.com/en/quote/RCL.US.md) - [BNPQY.US](https://longbridge.com/en/quote/BNPQY.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Bank of New York Mellon Corp Invests $381.27 Million in Royal Caribbean Cruises Ltd. $RCL](https://longbridge.com/en/news/296675252.md) - [Is Royal Caribbean Cruises (RCL) Still Undervalued As Its $1.25b Debt Raise Reshapes Views?](https://longbridge.com/en/news/296098917.md) - [OneDigital Investment Advisors LLC Buys New Shares in Royal Caribbean Cruises Ltd. $RCL](https://longbridge.com/en/news/296092424.md) - [Exchange Traded Concepts LLC Has $7.02 Million Position in Royal Caribbean Cruises Ltd. $RCL](https://longbridge.com/en/news/295901001.md) - [The Bull Case For Royal Caribbean Cruises (RCL) Could Change Following New 2034 Bond Sale And Profit Upgrade](https://longbridge.com/en/news/295954713.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**