Royal Caribbean Cruises Ltd. (NYSE: RCL) announced the commencement of a registered public offering of senior unsecured notes, according to a company press release dated Aug. 6, 2026.

The company said it intends to use the net proceeds to repay a portion of outstanding borrowings under its floating rate term loan facilities, with any remaining proceeds used to repay or refinance other existing indebtedness.

BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc. are acting as lead book-running managers for the offering.

The offering is being made under an automatic shelf registration statement filed with the Securities and Exchange Commission on Feb. 29, 2024, which became effective upon filing.