During the company’s earnings call, Royal Caribbean said that, “we expect to pay off over $3.5 billion of debt and reduce leverage to mid 4x by the end of the year… Our commitment to strengthening the balance sheet is also being recognized by the credit agencies.”
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Read More on RCL:
- Royal Caribbean (NYSE:RCL) Cruises Past Q3 Estimates
- ROYAL CARIBBEAN GROUP REPORTS THIRD QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE
- Royal Caribbean raises FY23 adjusted EPS view to $6.58-$6.63 from $6.00-$6.20
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