Shearman And Sterling

News March 23, 2020

Royal Caribbean Cruises $2.2 Billion Term Loan

Shearman & Sterling advised Morgan Stanley Senior Funding, Inc. as Administrative Agent, on a $2.2 billion senior secured term loan B facility for Royal Caribbean Cruises Ltd. to finance working capital and other general corporate purposes.

The Royal Caribbean International brand provides itineraries to destinations worldwide, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, and New Zealand with cruise lengths that range from 2 to 19 nights.

The Shearman & Sterling team below also included legal assistant Camille Richieri

The Team