correction: replaces million with billion in the headline and first paragraph
Royal Caribbean Cruises Ltd. (RCL) announced that it has arranged commitments for unsecured financing in the amount of up to US$ 1.13 billion or 80% of the contract price of Royal Caribbean International's Allure of the Seas.
The facility will be 95% guaranteed by Finnvera, the official export credit agency of Finland, and amortizes over 12 years. BNP Paribas, Citi, Nordea Bank and SEB have each committed to provide 25% of the financing and each has a seven year put option.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.