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Morgan Stanley Selling Pieces of $3 Billion Royal Caribbean Loan
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsTravel & Leisure
Morgan Stanley is inviting banks to participate in a $3 billion loan to help fund Royal Caribbean Cruises Ltd.’s purchase of a 50% stake in Sandals Resort International, according to people familiar with the matter. The article provides no loan terms, deal valuation, or market reaction.
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