---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001844"
form_type: "8-K"
ticker: "CUK"
cik: "0001125259"
company_name: "CARNIVAL PLC"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:14:53.573904+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Carnival plc closes €1.0B 4.125% senior unsecured notes; to repay secured term loans

## Summary
- €1.0 billion aggregate principal of 4.125% senior unsecured notes due July 15, 2031.
- Proceeds to fully repay 2027 term loan and partially repay 2028 term loan.
- Prepayment of $450M on the 2027 facility on June 27, 2025, also noted.
- CFO states the company is 'one notch away from an investment grade credit rating.'
- Notes have investment grade-style covenants; unsecured, guaranteed by Carnival Corp and certain subsidiaries.

## SEC filing metadata
- accession: 0000950142-25-001844
- form_type: 8-K
- ticker: CUK
- cik: 0001125259
- company_name: CARNIVAL PLC
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1125259/000095014225001844/0000950142-25-001844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815097/000095014225001844/eh250650498_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001844
- JSON: https://secwatch.observer/filing/0000950142-25-001844.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001844.txt

## Key facts
- Debt Financings
  CARNIVAL PLC incurred senior notes of €1.0 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 4.125% per year maturing July 15, 2031.
  - Instrument: senior notes
  - Principal: €1.0 billion aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 4.125% per year
  - Maturity: July 15, 2031
  - Event: incurrence
  source text: On July 7, 2025, Carnival plc (the “Company”) closed its previously announced private offering (the “Notes Offering”) of €1.0 billion aggregate principal amount of 4.125% senior unsecured notes due 2031 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1125259/000095014225001844/0000950142-25-001844-index.htm

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