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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.