Carnival corporation & plc announces closing of €500 million 5.75% senior unsecured notes offering and repricing of senior secured first lien term loan b facilities as part of ongoing debt and interest expense reduction

Transaction included partial prepayment of $800 million under senior secured first lien term loan b facilities; redemption of 2026 euro unsecured notes to take place on april 26, 2024 miami , april 25, 2024 /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 €500 million aggregate principal amount of 5.75% senior unsecured notes due 2030 (the "notes"). the company will use the net proceeds from the notes offering, together with cash on hand, to redeem its €500 million 7.625% senior unsecured notes due 2026 (the "2026 euro unsecured notes"), resulting in a reduction in interest expense of nearly 2%.
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