Royal Caribbean Cruises

Royal Caribbean shares are about 20% below last summer’s peak and down roughly 14% year-over-year as higher fuel, food and labor costs raised operating expenses and trimmed margins. Revenue rose modestly and adjusted earnings fell in the latest quarter, but the company raised its earnings guidance and still forecasts about 9% revenue growth for 2026 with EPS of $17.73–$17.87. Bookings remain above historical levels, trailing revenue is well above pre-pandemic peaks, and the stock trades at about 16 times guided EPS with a 1.7% dividend yield. » Plus sur finance.yahoo.com

Royal Caribbean has completed a public offering of $1.25 billion of unsecured senior notes. The securities carry a 5.55% coupon and mature on January 20, 2034, unless they are called or repurchased early. Net proceeds are to be used in part to repay variable-rate loans and to repay or refinance other liabilities; joint bookrunners were BNP Paribas Securities Corp., BofA Securities and Citigroup Global Markets. » Plus sur de.investing.com

Royal Caribbean announced pricing for a $1.25 billion senior unsecured bond with a 5.550% coupon maturing on January 20, 2034. The issue is expected to settle around August 20, 2026; net proceeds will be used to partly repay floating-rate loans and to repay or refinance other debt. BNP Paribas Securities Corp., BofA Securities and Citigroup are leading the syndicate; the offering is being made pursuant to an Automatic Shelf Registration dated February 29, 2024. » Plus sur de.investing.com