UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant To Section 13 or 15(d) of The Securities Exchange Act of 1934
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| Item 1.01 | Entry into a Material Definitive Agreement |
On January 12, 2023, Royal Caribbean Cruises Ltd. (the “Company,” “our” and “we”) entered into amendments (collectively, the “Amendments”) to our $1.9 billion unsecured revolving credit facility and our $1.1 billion unsecured revolving credit facility each due April 2024 (collectively, the “Revolving Credit Facilities”).
These Amendments, among other things, extend the maturity date or termination date, as applicable, of $2.3 billion in aggregate of advances and commitments held by consenting lenders under the Revolving Credit Facilities by twelve months to April 2025. The balance of the advances and commitments will continue to mature or terminate, as applicable, in April 2024.
Following the Amendments, JPMorgan Chase Bank, N.A. will serve as the administrative agent for each Revolving Credit Facility. Certain of the lenders participating in the Revolving Credit Facilities, and affiliates of those parties, provide banking, investment banking and other financial services to us from time to time for which they have received, and will in the future receive, customary fees.
A copy of the Company’s press release announcing the entry into the Amendments is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit 99.1 – Press release dated January 12, 2023
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ROYAL CARIBBEAN CRUISES LTD. | ||
| Date: January 12, 2023 | By: | /s/ Naftali Holtz |
| Name: | Naftali Holtz | |
| Tittle: | Chief Financial Officer | |