The currency would also effect there US$ demoninated debt when...

The currency would also effect there US$ demoninated debt when translated back which would be favourable. RCL is a self sustaining subsidiary and they have matched there cash inflows in a particular coy. to there debt denomination for the coy. at hand. curently no cash flows from subsid. to parent in the form of divy's for the currency rate to take effect. From a business perspective i think currency is only an issue if they sell the net assets and realise the offshore investment.
I've held ric for sometime and think there business is quite defensive. Salt will always be consumed, and ric are one of the major suppliers, salt also generate great cashflow. agribusiness is also quite defensive and the volume will always be there. There chairman did however state that any severe global downturn would effect them albeit at the margins, ie prices are sensitive. Will be interesting to see where they go from here, i'm still holding on as i like the cashflow ric generates and defensive characteristics. Of course do your own research and make your own conclusions.