debt
confidence high
sentiment neutral
materiality 0.65
Carnival launches $2.0B senior unsecured notes offering due 2032; to repay secured loan and partially redeem 2027 notes
CARNIVAL PLC
- $2.0B aggregate principal of new senior unsecured notes expected to mature in 2032.
- Proceeds to fully repay first-priority senior secured term loan due 2028 and partially redeem $1.4B of 5.750% notes due 2027.
- Redemption of 2027 notes conditioned on closing of Notes Offering.
- Notes will have investment grade-style covenants; offered under Rule 144A and Regulation S.