{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-22-003212","form_type":"8-K","ticker":"CUK","cik":"0001125259","company_name":"CARNIVAL PLC","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.678760+00:00","generated_at":"2026-06-21T15:39:15.813342+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carnival issues $1B 5.75% convertible notes due 2027 to refinance 2024 maturities","bullets":["$1B aggregate principal of 5.75% Convertible Senior Notes due Dec 1, 2027; net proceeds ~$975M.","Initial conversion price ~$13.39 per share (20% premium); convertible into cash, stock, or combination at CCL's election.","Optional cash redemption after Dec 5, 2025 if stock exceeds 130% of conversion price (≥$17.41) for 20 of 30 trading days.","Initial purchasers have option to buy additional $150M; notes offered to QIBs via Rule 144A, unregistered."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-22-003212","json":"https://secwatch.observer/filing/0000950142-22-003212.json","markdown":"https://secwatch.observer/filing/0000950142-22-003212.md","text":"https://secwatch.observer/filing/0000950142-22-003212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1125259/000095014222003212/0000950142-22-003212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/815097/000095014222003212/eh220306481_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:39:15.813342+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fe9d3cd548828a3969f346b6a85bd65d381c4cf8","claim":"CARNIVAL PLC incurred convertible notes of $1 billion aggregate principal amount at 5.75% per year maturing December 1, 2027.","evidence_excerpt":"On November 18, 2022, Carnival Corporation (together with Carnival plc, the “Company,” “we,” “us,” or “our”) closed its previously announced private offering (the “Convertible Notes Offering”) to qualified institutional buyers of $1 billion aggregate principal amount of its 5.75% Convertible Senior Notes due 2027 (the “Convertible Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1125259/000095014222003212/0000950142-22-003212-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1 billion aggregate principal amount"},{"label":"Rate","value":"5.75% per year"},{"label":"Maturity","value":"December 1, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8176547e7c7258c21fb51a888dd84df305428193","claim":"CARNIVAL PLC entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $1 billion aggregate principal amount (effective 2022-11-18).","evidence_excerpt":"The Convertible Notes were issued pursuant to an Indenture, dated as of November 18, 2022 (the “Indenture”), among Carnival Corporation, Carnival plc, the subsidiary guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1125259/000095014222003212/0000950142-22-003212-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Value","value":"$1 billion aggregate principal amount"},{"label":"Effective","value":"2022-11-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}