RCCL Gets Loan to Finance New Ship
05 January 2009 2:39pm
Royal Caribbean Cruises Ltd. has agreed to borrow up to 485.6 million euros (about $680 million at Wednesday’s exchange rate) from Germany’s KFW IPEX-Bank.
The proceeds will be used to pay for Celebrity’s fifth Solstice-class ship, which is scheduled for delivery in 2012. The ship will be built at the Meyer Werft shipyard in Papenburg, Germany.
