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Royal Caribbean CEO buys some 8%, 8¾%, 7%, 6 7/8% bonds
By Jennifer Chiou
New York, Feb. 3 - Royal Caribbean Cruises Ltd. chairman and chief executive officer Richard D. Fain purchased some of four series of the company's bonds for investment purposes, according to an 8-K filing with the Securities and Exchange Commission.
Fain purchased 200,000 of the company's 8% bonds due May 15, 2010; 200,000 of the 8¾% bonds due Feb. 2, 2011; 150,000 of the 7% bonds due June 15, 2013; and 100,000 of the 6 7/8% bonds due Dec. 1, 2013 for a total of $471,635.
The issuer is a Miami, Fla.-based vacation cruise company.
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