Carnival corporation & plc announces closing of $3.0 billion 5.75% senior unsecured notes offering

Proceeds from the upsized offering of senior unsecured notes to be used to fully repay borrowings under the senior secured term loan facility and to redeem $2.4 billion of 5.750% senior unsecured notes due 2027 miami , july 16, 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 $3.0 billion aggregate principal amount of 5.75% senior unsecured notes due 2032 (the "notes"). the company will use the proceeds from the notes offering to fully repay the borrowings under carnival corporation's first-priority senior secured term loan facility maturing in 2028, with remaining net proceeds, together with cash on hand, used to redeem $2.4 billion of the company's 5.750% senior unsecured notes due 2027 (the "2027 unsecured notes").
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