Shares of Royal Caribbean Group rose 1.5% in premarket trading Tuesday, after the cruise operator said it has launched a private offering of $700 million in senior unsecured debt due 2027. The company said it plans to use the proceeds from the offering to repay principal on debt maturing in 2022. The company said it may temporarily apply the proceeds to repay borrowings under its revolving credit facilities. The said in its latest quarterly filing that it had $19.88 billion in long-term debt as of Sept. 30, 2021, up from $17.96 billion on Dec. 31, 2020. The stock has dropped 11.2% over the past three months through Monday, while the S&P 500 has gained 11.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Cruise stocks are sailing higher on Tuesday as investors react to recent news concerning the Covid-19 booster shots for kids. The post CCL, RCL, NCLH, LIND: Why Cruise Stocks Are Up Today appeared fir
Royal Caribbean Cruises Ltd (NYSE: RCL) has commenced a private offering of $700 million of senior unsecured notes due 2027 to be issued by the company. The company intends to use the proceeds from
Richard Fain, Royal Caribbean Group CEO, steps down from CEO position after 33 years USA TODAY
Royal Caribbean Group CEO Richard Fain steps down after 33 years of leadership.
The FDA just approved boosters for the 12- to 15-year-old demographic -- but the CDC still recommends that everybody avoid cruise travel.

Cruise stocks fall after CDC says stay away

12:55pm, Friday, 31'st Dec 2021
Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on ships and the rapidly spreading Omicron variant. But that's no longer the case.
All three cruise lines underperformed the market in 2021, and new CDC guidelines will make it harder to ramp up the recovery process.
CNBC's Seema Mody reports on recent CDC guidance that says to avoid cruises regardless of vaccination status.
Shares of cruise operators took a dive into negative territory in midday trading Thursday, erasing earlier gains, after the U.S. Centers for Disease Control and Prevention said it now recommends avoid
The cruise line said that experience across its fleet confirms statements from health authorities: Omicron is more contagious, but less severe.
Royal Caribbean Group said on Thursday it was grappling with a drop in bookings and a rise in cancellations as COVID-19 cases surge in the United States, driven by the Omicron variant.
Shares of Royal Caribbean Group RCL, +1.83% jumped 1.7% in morning trading Thursday, after the cruise operator looked to play down the impact of the omicron variant of the coronavirus on cruises, sayi
Yahoo Finance's Anjalee Khemlani reports the latest on the coronavirus as the Omicron variant cases rise and the CDC looks into COVID-19 outbreaks on cruise ships.
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