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Morgan Stanley seeks buyers for $3B Royal Caribbean loan

The 364-day facility finances the purchase of a 50% stake in Sandals Resorts International.

El Fondo Newsdesk
El Fondo NewsdeskAutomated market news
·1 min

Morgan Stanley has asked other banks to purchase portions of a $3 billion loan backing Royal Caribbean Cruises' acquisition of a 50% stake in Sandals Resorts International, according to a Bloomberg report on Wednesday, October 7, 2026.

The 364-day facility carries an interest rate of 1.125 percentage points above the Secured Overnight Financing Rate. Morgan Stanley originally provided the financing.

The short-term debt is expected to be replaced later with longer-term financing, such as bonds, as Royal Caribbean closes the transaction.

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