CARNIVAL PLC incurred revolving credit of $2.1 billion with J.P. Morgan SE as facilities agent at term SOFR ... plus a margin based on the long-term credit ratings of Carnival Co maturing August 6, 2025.
“On February 28, 2023, Carnival Holdings (Bermuda) II Limited (the “Borrower”), a subsidiary of Carnival Corporation, entered into a new forward starting $2.1 billion multi-currency revolving credit agreement (the “ New Facility ”) with a syndicate of financial institutions (the “ Lenders ”) and J.P. Morgan SE as facilities agent.”
Richard J. Glasier departed as Director at CARNIVAL PLC.
“On January 17, 2023, Richard J. Glasier announced he will not stand for re-election to the Boards of Directors of Carnival Corporation and Carnival plc”
Earnings Releases
CARNIVAL PLC reported fourth quarter of 2022 results: net income $1.6 billion, EPS $(1.27) diluted EPS.
“U.S. GAAP net loss of $1.6 billion, or $(1.27) diluted EPS and adjusted net loss of $1.1 billion, or $(0.85) adjusted EPS, for the fourth quarter of 2022”
Debt Financings
CARNIVAL PLC incurred convertible notes of $1 billion aggregate principal amount at 5.75% per year maturing December 1, 2027.
“On November 18, 2022, Carnival Corporation (together with Carnival plc, the “Company,” “we,” “us,” or “our”) closed its previously announced private offering (the “Convertible Notes Offering”) to qualified institutional buyers of $1 billion aggregate principal amount of its 5.75% Convertible Senior Notes due 2027 (the “Convertible Notes”).”
Material Agreements
CARNIVAL PLC entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $1 billion aggregate principal amount (effective 2022-11-18).
“The Convertible Notes were issued pursuant to an Indenture, dated as of November 18, 2022 (the “Indenture”), among Carnival Corporation, Carnival plc, the subsidiary guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee.”
Sir John Parker departed as Director at CARNIVAL PLC.
“On November 14, 2022, Sir John Parker announced he will not stand for re-election to the Boards of Directors of Carnival Corporation and Carnival plc (together, the “Companies”) at the next Annual Shareholders Meetings, which are expected to take place in April 2023.”
Sara Mathew was appointed as Director at CARNIVAL PLC.
“On November 14, 2022, the Boards of Directors of Carnival Corporation and Carnival plc appointed Sara Mathew to serve as a member of the Carnival Corporation and Carnival plc Boards of Director effective immediately.”
Arnold W. Donald resigned as Vice Chair at CARNIVAL PLC.
“On November 2, 2022, Arnold W. Donald announced his resignation from his position as a Director of Carnival Corporation and Carnival plc (together, the “Companies”), including his role as Vice Chair, effective November 30, 3022.”
Josh Weinstein was appointed as executive member of the Boards of Directors at CARNIVAL PLC.
“On June 23, 2022, the Boards of Directors of Carnival Corporation and Carnival plc (together, the “Companies”) appointed Josh Weinstein, currently Chief Operations Officer, to serve as an executive member of the Boards of Directors, effective August 1, 2022.”
Josh Weinstein was appointed as President, Chief Executive Officer and Chief Climate Officer at CARNIVAL PLC.
“Mr. Weinstein will also assume the roles of President, Chief Executive Officer and Chief Climate Officer on August 1, 2022.”
Richard Brilliant was appointed as Chief Risk and Compliance Officer at CARNIVAL PLC.
“Richard Brilliant, currently Chief Audit Officer of the Companies, will replace Mr. Anderson, assuming a new role of Chief Risk and Compliance Officer.”
Peter C. Anderson resigned as Chief Ethics and Compliance Officer at CARNIVAL PLC.
“Peter C. Anderson, Chief Ethics and Compliance Officer and a named executive officer of Carnival Corporation and Carnival plc (together, the “Companies”), notified the Companies on May 13, 2022, that he is resigning effective May 16, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.