Current Report Filing (8-k)
13 January 2023 - 8:21AM
Edgar (US Regulatory)
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2023-01-12
2023-01-12
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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
To Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 12, 2023
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ROYAL CARIBBEAN CRUISES LTD.
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(Exact Name of Registrant as Specified in Charter) |
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Republic of Liberia
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(State or Other Jurisdiction of Incorporation) |
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1-11884 |
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98-0081645 |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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1050 Caribbean Way, Miami,
Florida |
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33132 |
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(Address of Principal Executive
Offices) |
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(Zip Code) |
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Registrant's telephone number, including area code: 305-539-6000
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Not
Applicable |
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(Former Name or Former Address, if Changed Since Last
Report) |
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which
registered |
Common stock, par value $0.01 per share |
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RCL |
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New York Stock Exchange |
Indicate by check
mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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.
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ROYAL CARIBBEAN CRUISES LTD. |
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Date: January 12, 2023 |
By: |
/s/ Naftali Holtz |
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Name: |
Naftali Holtz |
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Tittle: |
Chief Financial Officer |
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