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Published on 9/25/2006 in the Prospect News Convertibles Daily.

Royal Caribbean calls zero coupon convertibles due 2021

By Laura Lutz

Des Moines, Sept. 25 - Royal Caribbean Cruises Ltd. announced that it plans to redeem all of its outstanding zero coupon convertible notes due 2021.

The company intends to redeem the notes for $503.85 each on Oct. 10.

Royal Caribbean is a cruise vacation company with headquarters in Miami.


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