Carnival Corporation (NYSE:CCL) has priced its private offering of $3B aggregate principal amount of 5.750% senior unsecured notes due 2032.
The company expects to use the proceeds from the notes offering to fully repay the borrowings under Carnival Corporation’s first-priority senior secured term loan facility maturing in 2028, with remaining net proceeds, together with cash on hand, to be used to redeem $2.4B of the company’s 5.750% senior unsecured notes due 2027.
