U.S. markets closed
  • S&P 500

    4,136.48
    -43.28 (-1.04%)
     
  • Dow 30

    33,926.01
    -127.93 (-0.38%)
     
  • Nasdaq

    12,006.96
    -193.86 (-1.59%)
     
  • Russell 2000

    1,985.53
    -15.69 (-0.78%)
     
  • Crude Oil

    73.23
    -2.65 (-3.49%)
     
  • Gold

    1,877.70
    -53.10 (-2.75%)
     
  • Silver

    22.40
    -1.22 (-5.17%)
     
  • EUR/USD

    1.0798
    -0.0113 (-1.04%)
     
  • 10-Yr Bond

    3.5320
    +0.1360 (+4.00%)
     
  • GBP/USD

    1.2056
    -0.0173 (-1.41%)
     
  • USD/JPY

    131.1500
    +2.5460 (+1.98%)
     
  • BTC-USD

    23,379.37
    +40.44 (+0.17%)
     
  • CMC Crypto 200

    535.42
    -1.43 (-0.27%)
     
  • FTSE 100

    7,901.80
    +81.64 (+1.04%)
     
  • Nikkei 225

    27,509.46
    +107.41 (+0.39%)
     

Carnival Raises $1.25B Via Debt

  • Carnival Corp (NYSE: CCL) said its subsidiary, Carnival Holdings Limited, has commenced a private offering of $1.25 billion aggregate principal amount of Senior Priority Notes due 2028.

  • The senior priority notes will be fully and unconditionally guaranteed on an unsecured basis, jointly and severally, Carnival plc and its subsidiaries.

  • The company and its subsidiaries will contribute 12 unencumbered vessels to the Issuer, with each of the vessels continuing to be operated under one of Carnival Plc’s or its subsidiaries’ brands.

  • Carnival expects to use the net proceeds of the offering to make principal payments on debt and for general corporate purposes.

  • PJT Partners is serving as an independent financial advisor to Carnival Corporation & plc.

  • Price Action: CCL shares are trading higher by 9.56% at $7.97 on the last check Tuesday.

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.