Royal Caribbean Enters Material Definitive Agreement

TL;DR

RCL signed a big deal, details TBD.

AI Summary

Royal Caribbean Cruises Ltd. (RCL) entered into a material definitive agreement on September 22, 2025. The filing, submitted on September 23, 2025, does not disclose specific details of the agreement but indicates it is a significant event for the company.

Why It Matters

This filing signals a significant new contract or partnership for Royal Caribbean, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.

Key Players & Entities

• ROYAL CARIBBEAN CRUISES LTD. (company) — Registrant
• September 22, 2025 (date) — Date of earliest event reported
• September 23, 2025 (date) — Filing date
• 1050 Caribbean Way, Miami, Florida 33132 (location) — Principal Executive Offices
• 305-539-6000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ich registered Common stock, par value $0.01 per share RCL New York Stock Exchan
• $1,500,000,000 — the issuance and sale by the Company of $1,500,000,000 aggregate principal amount of the Compa

Filing Documents

• tm2526557d2_8k.htm (8-K) — 27KB
• tm2526557d2_ex1-1.htm (EX-1.1) — 190KB
• 0001104659-25-092590.txt ( ) — 424KB
• rcl-20250922.xsd (EX-101.SCH) — 3KB
• rcl-20250922_lab.xml (EX-101.LAB) — 33KB
• rcl-20250922_pre.xml (EX-101.PRE) — 22KB
• tm2526557d2_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. On September 22 , 2025, Royal Caribbean Cruises Ltd. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named in Exhibit A thereto , relating to the issuance and sale by the Company of $1,500,000,000 aggregate principal amount of the Company's 5.375% Senior Notes due 2036 in an underwritten public offering (the "Offering") made pursuant to a registration statement and related prospectus supplement filed with the Securities and Exchange Commission. The Offering is expected to close on October 1, 2025, subject to satisfaction of customary closing conditions. The Underwriting Agreement contains customary representations, covenants and indemnification provisions. The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, a copy of which is filed herewith as Exhibit 1.1 and is incorporated herein by reference. The Company expects to use the net proceeds from the Offering to finance the upcoming delivery of Celebrity Xcel in lieu of utilizing its existing committed export credit agency facility and, with the remaining net proceeds, to redeem, refinance or otherwise repurchase existing indebtedness, including amounts outstanding under its revolving credit facilities.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement, dated September 22, 2025, among Royal Caribbean Cruises Ltd. and BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters listed in Exhibit A thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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: September 23, 2025 By: /s/ Naftali Holtz Name: Naftali Holtz Title: Chief Financial Officer