debt
confidence high
sentiment positive
materiality 0.60
Carnival redeems $350M of 7.625% notes due 2026 on May 1 at par
CARNIVAL PLC
- Notice of redemption for $350M of $1.4B 7.625% senior unsecured notes due 2026.
- Redemption effective May 1, 2025 at 100% of principal plus accrued interest.
- Continues deleveraging strategy to reduce outstanding debt and interest expense.
- Partial redemption; $1.05B of the 2026 notes remain outstanding after this call.