Royal Caribbean completes senior unsecured notes offering
The callable notes are due in 2034, while a market analysis also tracked the cruise company’s recent share performance and estimated fair value.
Royal Caribbean Cruises recently raised funds through an offering of callable, senior unsecured notes due in 2034, according to Simply Wall St. The analysis said the financing brought the company’s capital structure into greater focus for stock investors.
The report put Royal Caribbean’s one-day share-price return at negative 1.57%. It also listed positive returns of 6.29% over 30 days and 23.38% over 90 days. The company’s one-year total shareholder return was down 5.08%, according to the same analysis.
Simply Wall St said the most-followed narrative for Royal Caribbean estimated fair value at $336.31 per share, against a last closing price of $305.
The cited narrative projected yield growth ranging from 2.6% to 4.6% in 2025. It forecast that the introduction of Star of the Seas and Celebrity Xcel, together with the performance of the existing fleet, would support that growth and have a positive effect on revenue and earnings.
