Royal Caribbean’s credit rating upgraded by Moody’s to Baa2

robot
Abstract generation in progress

Moody’s has upgraded Royal Caribbean Cruises Ltd.'s senior unsecured rating to Baa2 from Baa3, and its commercial paper rating to P-2 from P-3, with a stable outlook. This upgrade is attributed to expected continued earnings growth driven by strong demand, effective pricing, and cost control measures. Moody’s anticipates the company’s debt/EBITDA ratio will remain below 3.0x in coming years despite new ship investments, reflecting a strong business profile and leading credit metrics.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)