---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-002171"
form_type: "8-K"
ticker: "CUK"
cik: "0001125259"
company_name: "CARNIVAL PLC"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T00:38:05.313678+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Carnival closes $500M notes & $1.3B term loan; redemption of 2026 notes saves >$120M/year

## Summary
- Closed $500M 7.00% senior secured notes due 2029 and upsized $1.3B first lien term loan maturing 2027.
- Proceeds used to repay existing first-priority senior secured term loan due 2025.
- Redemption of $775M 10.5% USD notes and €425M 10.125% Euro notes on Aug 11-12, 2023.
- Expected to save more than $120 million in annualized interest expense.
- New term loan bears SOFR+3% with 0.75% floor; notes pay 7% semi-annually.

## SEC filing metadata
- accession: 0000950142-23-002171
- form_type: 8-K
- ticker: CUK
- cik: 0001125259
- company_name: CARNIVAL PLC
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1125259/000095014223002171/0000950142-23-002171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815097/000095014223002171/eh230389373_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-002171
- JSON: https://secwatch.observer/filing/0000950142-23-002171.json
- Plain text: https://secwatch.observer/filing/0000950142-23-002171.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.