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Published on 11/6/2012 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

S&P: Royal Caribbean unchanged

Standard & Poor's said its ratings on Royal Caribbean Cruises Ltd. remain unchanged following the $150 million increase to the company's senior notes due 2022.

The issue level rating on the company's now $650 million notes remains BB.

The recovery rating remains 3, indicating an expectation of meaningful recovery in the event of a default.


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