---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001443"
form_type: "8-K"
ticker: "CUK"
cik: "0001125259"
company_name: "CARNIVAL PLC"
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:11:21.194033+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Carnival closes $1B 5.875% notes offering, redeems $993M 7.625% notes due 2026

## Summary
- Closed $1.0B aggregate principal amount of 5.875% senior unsecured notes due June 15, 2031.
- Net proceeds used to redeem $993M of 7.625% senior notes due 2026; redemption occurs May 22, 2025.
- Expects over $20M net interest expense reduction through scheduled maturity of the 2026 notes.
- Earlier in 2025 partially redeemed $350M of the 2026 notes as part of ongoing liability management.
- Notes governed by indenture with investment grade-style covenants.

## SEC filing metadata
- accession: 0000950142-25-001443
- form_type: 8-K
- ticker: CUK
- cik: 0001125259
- company_name: CARNIVAL PLC
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1125259/000095014225001443/0000950142-25-001443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815097/000095014225001443/eh250630725_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001443
- JSON: https://secwatch.observer/filing/0000950142-25-001443.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001443.txt

## Key facts
- Debt Financings
  CARNIVAL PLC incurred senior notes of $1.0 billion with Qualified Institutional Buyers and non-U.S. investors in Rule 144A/Reg S offering at 5.875% per annum maturing June 15, 2031.
  - Instrument: senior notes
  - Principal: $1.0 billion
  - Counterparty: Qualified Institutional Buyers and non-U.S. investors in Rule 144A/Reg S offering
  - Rate: 5.875% per annum
  - Maturity: June 15, 2031
  - Event: incurrence
  source text: On May 21, 2025, Carnival Corporation (the “Company”) closed its previously announced private offering (the “Notes Offering”) of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1125259/000095014225001443/0000950142-25-001443-index.htm

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