Business
Carnival Corporation & plc Announces the Part...
Carnival Corporation & plc Announces the Part....
About this update from Carnival Plc
Carnival Corporation & plc Announces the Partial Redemption of Existing $1.4 Billion 7.625% Senior Unsecured Notes due 2026 MIAMI, April 22, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") issued a notice of redemption for $350.0 million outstanding principal amount of its $1.4 billion 7.625% senior unsecured notes due 2026 (the "2026 Unsecured Notes") to be redeemed on May 1, 2025 at a redemption price equal to 100.0% of the principal amount of the 2026 Unsecured Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. This redemption is a continuation of the Company's strategy to deleverage and reduce interest expense. This press release does not constitute a notice of redemption with respect to the 2026 Unsecured Notes. About Carnival Corporation & plc Carnival Corporation & plc is the largest global cruise company, and among the largest leisure travel companies, with a portfolio of world-class cruise lines - AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn. Cautionary Note Concerning Forward-Looking Statements Carnival Corporation and Carnival plc and their respective subsidiaries are referred to collectively in this press release as "Carnival Corporation & plc," "our," "us" and "we." Some of the statements, estimates or projections contained in this press release are "forward-looking statements" that involve risks, uncertainties and assumptions with respect to us, including some statements concerning the financing transactions described herein, future results, operations, outlooks, plans, goals, reputation, cash flows, liquidity and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are statements that could be deemed forward-looking. These statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and the beliefs and assumptions of our management. We have tried, whenever possible, to iden...