Morgan Stanley Selling Pieces of $3 Billion Royal Caribbean Loan

Morgan Stanley has invited banks to buy pieces of a $3 billion loan that helps fund Royal Caribbean Cruises Ltd.’s purchase of a 50% stake in Sandals Resort International, according...

By Davide Barbuscia · Bloomberg Markets

Morgan Stanley has invited banks to buy pieces of a $3 billion loan that helps fund Royal Caribbean Cruises Ltd.’s purchase of a 50% stake in Sandals Resort International, according to people with knowledge of the matter.