Royal Caribbean's Debt Deal: A Canary in the Coal Mine for Cruise Industry Finances The recent debt deal announced by Royal Caribbean Group may have flown under the radar for some investors, but it warrants closer examination as a barometer of the cruise industry's financial health.
On August 20, the company completed a $1. 25 billion sale of notes with a 5. 55% coupon and a January 2034 maturity date.
This move is part of a broader trend of cruise lines taking on significant debt to fuel expansion plans. Royal Caribbean's financials appear robust at first glance.