Royal Caribbean Taps the Junk-Bond Market

Royal Caribbean Taps the Junk-Bond Market

Royal Caribbean is looking to raise $2 billion to help refinance all of its outstanding 9.125% bonds due 2023 and its 10.875% notes due the same year, according to a Thursday statement. The new bonds will be due in 2029. Olivia Raimonde has more on “Bloomberg Markets: The Close.”

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