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Royal Caribbean secures funding for fifth Solstice ship
Sandra Speares - Tuesday 30 December 2008
ROYAL Caribbean Cruises subsidiary Celebrity Solstice V has announced that it has obtained an unsecured loan worth €485.6m to fund the purchase of the fifth in the Solstice class of cruise ships, which is due for delivery in 2012.
The credit agreement was signed with KfW IPEX Bank. The 12 year loan will be at a fixed interest rate of 4.13%....
