debt
confidence high
sentiment positive
materiality 0.65
Carnival redeems entire 9.875% second-priority senior secured notes due 2027
CARNIVAL PLC
- Redemption of all outstanding 9.875% Second-Priority Senior Secured Notes due 2027.
- Redemption price: 104.938% of principal plus accrued interest to Feb 1, 2024.
- Redemption date is February 1, 2024.
- Move reduces high-cost debt and future interest expense.