Tag Archives: Wonder of the Seas

Royal Caribbean Upsizes Fundraising, $1.25 Billion at 11.625 Percent

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Independence of the Seas in Southampton View Independence photos click here, photo credit Spacejunkie2 Flickr

Royal Caribbean Group today announced that it has priced its private offering of $1,250,000,000 aggregate principal amount (up from the previously announced $1 billion) of 11.625% senior unsecured notes due 2027 (the “Notes”).

The Notes will mature on August 15, 2027. The Notes are expected to be issued on or around August 18, 2022, subject to customary closing conditions.

According to a press release, the Company intends to use the proceeds from the sale of the Notes to repay principal payments on debt maturing in 2022 and/or 2023 (including to pay fees and expenses in connection with such repayments). Pending such uses, the Company may temporarily apply the proceeds to repay borrowings under its revolving credit facilities or other borrowings.

The wonder of the Seas Arrives in Barcelona for Summer Season

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Royal Caribbean International’s Wonder of the Seas has arrived in Barcelona, Spain, to kick off a summer full of European cruises.

The fifth ship in the cruise line’s Oasis Class line-up sets course for the Mediterranean on seven-night cruises from Barcelona and Rome beginning Sunday.

Calls include Florence, Naples and Capri, Italy; Provence, France; and Malaga, Spain.

The Wonder’s Western Mediterranean sailings will continue through October, rounding out a summer splash in Europe with eight action-packed ships, including Odyssey of the Seas – also marking its first season in Europe.

In November, the Wonder will return to the U.S. to sail from its new year-round home in Port Canaveral, Florida, to explore the Caribbean and The Bahamas, including the cruise line’s private island destination, Perfect Day at CocoCay. 

Royal Caribbean Now Offering Crew Shore Leave in Caribbean Ports

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Royal Caribbean International is now offering shore leave in select Caribbean ports to the crew, according to a letter sent to crew onboard ships selected to trial the program.

According to the letter, the program will run from April 8 through April 22 on six ships, believed to be the Odyssey, Freedom, Harmony, Navigator, Liberty and Grandeur of the Seas.

The company will allow 150 crew to disembark in the ports, which for the crew aboard the Odyssey, for example, include Curacao, Aruba, Costa Maya and Cozumel.

Advanced sign up is required through a crew member’s manager.

Crew members must be up to date with vaccinations and a booster (if eligible), the company said. Masks are required while indoors or inside transportation and masks and crew members are recommended to follow social distancing guidelines.

The company said it will continue its bubble tours for the crew, which it is said to be offering globally.

A review of the crew shore leave trial program will be conducted later this month to “confirm continuity of the program in Caribbean Ports of Call.”