Royal Caribbean closes on supplemental $525 million four-year revolver

By Susanna Moon

Chicago, Nov. 19 - Royal Caribbean Cruises Ltd. secured a $525 million unsecured revolving credit facility due Nov. 19, 2014 on Friday, according to an 8-K filing with the Securities and Exchange Commission.

Nordea Bank Finland plc, New York Branch is the administrative agent.

The loan contains conditions and covenants substantially similar to those of its $1.225 billion unsecured revolving credit facility maturing in June 2012.

The new facility supplements the borrowing capacity available under the existing facility.

Royal Caribbean is a Miami-based cruise vacation company.

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