Royal Caribbean Group announces upsizing and extension of revolving credit facilities

Core Points - Royal Caribbean Group has amended and increased its two unsecured revolving credit facilities by $2.28 billion, raising the total commitments to$6.35 billion [1] - The maturity of the three-year facility has been extended from October 2026 to October 2030, while the other facility matures in October 2028 [1] - The CFO highlighted that this upsizing reflects the strength of the company's credit profile and the support from lending partners, enhancing financial flexibility for strategic growth initiatives [2] Company Overview - Royal Caribbean Group is a leader in the vacation industry with a global fleet of 67 ships across five brands, serving millions of guests annually [2] - The company operates brands including Royal Caribbean, Celebrity Cruises, and Silversea, and is expanding its land-based vacation experiences [2] - Royal Caribbean Group also holds a 50% joint venture interest in TUI Cruises, which operates German brands Mein Schiff and Hapag-Lloyd Cruises [2]