The Miami-based operator finalized the transaction this week following an effective shelf registration statement filed with the Securities and Exchange Commission earlier this year. The notes are scheduled to reach maturity on January 20, 2034, barring any early redemption or repurchase actions taken by the company.

BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc. served as the lead book-running managers for the deal. This move allows the cruise operator to restructure its debt profile as it continues managing a fleet of 71 vessels across its Royal Caribbean, Celebrity Cruises, and Silversea brands.