Recent Updates — RCL
On August 6, 2026, Royal Caribbean Cruises Ltd. entered into an underwriting agreement for a public offering of $1,250,000,000 aggregate principal amount of its 5.550% Senior Notes due 2034. The transaction is led by BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc., with closing expected on August 20, 2026. Net proceeds will primarily repay floating rate term loan borrowings and refinance other existing indebtedness. Royal Caribbean Cruises Ltd. operates in the cruise line industry, providing vacation travel services.
Royal Caribbean Cruises Ltd. reported second quarter 2026 financial results on July 28, 2026, posting diluted earnings per share of $4.20 and adjusted EPS of $4.21, exceeding prior guidance. Total revenue reached $4.8 billion, a 6% year-over-year increase, supported by a 110% load factor and 2.4 million passengers. The company raised its full-year 2026 adjusted EPS guidance to a range of $17.73 to $17.87, reflecting stronger-than-expected quarterly performance and an improved outlook. Management cited strong close-in demand and lower costs, while noting a modest booking impact from geopolitical activity on select itineraries. The firm operates in the global cruise and vacation industry, managing brands including Royal Caribbean, Celebrity Cruises, and Silversea.
Royal Caribbean Cruises Ltd. appointed Tara Bunch to its Board of Directors on July 16, 2026. Bunch, formerly the Senior Vice President and Global Head of Operations at Airbnb, brings extensive experience in scaling global technology-enabled service models and digital transformation. Royal Caribbean Group is a global vacation company that operates cruise ships and land-based vacation experiences.