08:14 AM EDT, 07/29/2024 (MT Newswires) -- Royal Caribbean Cruises ( RCL ) said Monday it has launched a $1.5 billion private offering of senior unsecured notes due 2033.

The company said it plans to use the proceeds, along with borrowings, to redeem all outstanding 9.250% senior notes due 2029 and a part of its outstanding 8.250% senior secured notes due 2029.

Shares of the company were up 1% in recent Monday premarket activity.

Price: 155.10, Change: +1.54, Percent Change: +1.00