---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-001853"
form_type: "8-K"
ticker: "CUK"
cik: "0001125259"
company_name: "CARNIVAL PLC"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:15:00.909614+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carnival Corp prices $3.0B 5.75% notes due 2032; upsized to redeem $2.4B 2027 notes

## Summary
- $3.0B aggregate principal of 5.75% senior unsecured notes due 2032 priced; offering upsized.
- Proceeds to fully repay senior secured term loan due 2028 and redeem $2.4B of 5.75% notes due 2027.
- Conditional redemption notice for $2.4B 2027 notes at 100% plus make-whole premium; redemption July 17, 2025 if closing occurs.
- After transaction, remaining senior secured debt $3.1B; security fall-away tied to investment grade rating.
- Closing expected July 16, 2025; indenture has investment-grade-style covenants.

## SEC filing metadata
- accession: 0000950142-25-001853
- 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: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1125259/000095014225001853/0000950142-25-001853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815097/000095014225001853/eh250650846_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-001853
- JSON: https://secwatch.observer/filing/0000950142-25-001853.json
- Plain text: https://secwatch.observer/filing/0000950142-25-001853.txt

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