Royal Caribbean Group acquires cruise ship Endeavor, growing Silversea Cruises' expedition offerings
MIAMI, July 18, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced it has received court approval to acquire the ultra-luxury cruise ship Endeavor. Originally delivered to Crystal Cruises in 2021, the ship will be renamed Silver Endeavour when it officially joins the Group's wholly owned subsidiary, Silversea Cruises' fleet, this month.
The purchase price for the vessel was $275 million, significantly below the cost of construction. The vessel was fully financed through a 15-year unsecured term loan, guaranteed by the German export credit agency, Euler Her
