Royal Caribbean Group (RCL) Announces Proposed $1.5B Common Share Offering

March 1, 2021 7:14 AM EST

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Royal Caribbean Group (NYSE: RCL) today announced that it has commenced an underwritten public offering of $1.5 billion of shares of common stock of the Company. The Company expects to use the net proceeds from the offering for general corporate purposes.

Morgan Stanley is acting as underwriter for the offering of common stock.

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