Royal Caribbean Taps the Junk-Bond Market

Royal caribbean taps the junk-bond market

Bloomberg Markets and Finance published this video item, entitled “Royal Caribbean Taps the Junk-Bond Market” – below is their description.

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.”

Bloomberg Markets and Finance YouTube Channel

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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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In This Story: Caribbean

The Caribbean is a region of the Americas that comprises the Caribbean Sea, its surrounding coasts, and its islands. The region lies southeast of the Gulf of Mexico and of the North American mainland, east of Central America, and north of South America.

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