The company said it priced a private offering of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 on May 12, 2025. The notes mature on June 15, 2031.

1. 01

   The company said it priced a private offering of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 on May 12, 2025. The notes mature on June 15, 2031.

2. 02

   Carnival said it expects to use the net proceeds from the offering to redeem the 2026 maturity $993 million 7.625% senior unsecured notes (the 2026 Unsecured Notes). The redemption is scheduled for May 22, 2025 and is conditioned on the closing of the offering.

3. 03

   The company said it expects to reduce net annual interest expense by over $20 million through the scheduled maturity date of the 2026 Unsecured Notes, as a result of the transaction and the partial redemption of $350 million of those notes earlier this year.

4. 04

   The company said it expects the offering to close on May 21, 2025. The notes will bear interest at a rate of 5.875% per year, payable semi-annually on June 15 and December 15, beginning on December 15, 2025. The notes will be guaranteed on an unsecured basis by Carnival plc and certain other subsidiaries.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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