debt
confidence high
sentiment neutral
materiality 0.55
Carnival plc prices €1.0B 4.125% senior unsecured notes due 2031 to repay secured term loans
CARNIVAL PLC
- €1.0B aggregate principal of 4.125% senior unsecured notes due July 15, 2031.
- Proceeds to fully repay 2027 Term Loan Facility and partially repay 2028 Term Loan Facility.
- Builds on $450M prepayment towards 2027 facility made on June 27, 2025.
- Offering expected to close July 7, 2025; unsecured with investment grade-style covenants.
- Notes guaranteed by Carnival Corporation and certain subsidiaries.