Carnival corporation & plc announces closing of $2.0 billion 6.125% senior unsecured notes offering for refinancing and interest expense reduction

Transaction included redemption of $2.03 billion 10.375% senior priority notes  miami , feb. 7, 2025 /prnewswire/ -- carnival corporation & plc (nyse/lse: ccl; nyse: cuk) today announced that carnival corporation (the "company") has closed its previously announced private offering (the "notes offering") of $2.0 billion aggregate principal amount of 6.125% senior unsecured notes due 2033 (the "notes"). the company used the net proceeds from the notes offering, together with cash on hand, to redeem the $2.03 billion 10.375% senior priority notes due 2028 (the "senior priority notes") of carnival holdings (bermuda) limited, resulting in a reduction in interest expense of over 4%.
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