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Prospect News home > News index > List of issuers R > Headlines for Royal Caribbean Cruises Ltd. > News item
Published on 6/2/2006 in the Prospect News Convertibles Daily.

Royal Caribbean calls LYONs due 2021

By Jennifer Chiou

New York, June 2 - Royal Caribbean Cruises Ltd. announced the redemption of its Liquid Yield Option Notes due Feb. 2, 2021 on June 19.

The company will pay $494.62 per LYON.

The Miami-based cruise line also said it entered into an agreement with Goldman Sachs & Co. to purchase about $165 million of its stock as part of an accelerated share repurchase program.


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