Core Viewpoint - Carnival Corporation & plc has successfully arranged a new $4.5 billion multi-currency revolving credit facility, enhancing its liquidity and supporting debt reduction efforts [1][2]. Group 1: Financial Arrangement - The new revolving credit facility matures in June 2030 and replaces the existing facility of Carnival Holdings (Bermuda) II Limited [1]. - The facility includes an accordion feature, allowing for up to $1.0 billion of additional revolving commitments, representing a 50 percent increase in available liquidity [1][2]. Group 2: Management Commentary - The Chief Financial Officer, David Bernstein, emphasized that the increase in the revolver reflects confidence in the company's performance and is a milestone in rebuilding its financial strength [2]. - Bernstein noted that the New Revolver is a testament to the company's ongoing business improvement and strong banking relationships [2]. Group 3: Security and Structure - The New Revolver will be unsecured and guaranteed on an unsecured basis by the same subsidiaries that guarantee the company's senior secured term loan facilities [3]. - Carnival Corporation and Carnival plc are entering into the New Revolver with a global syndicate of financial institutions, with JPMorgan Chase Bank, N.A. acting as the administrative agent [3]. Group 4: Company Overview - Carnival Corporation & plc is the largest global cruise company and one of the largest leisure travel companies, operating a portfolio of world-class cruise lines [4].

Core Insights - Carnival Corporation achieved a 44% reduction in unit food waste in 2024 compared to 2019, surpassing its 2025 target of 40% a year early, and is on track for a 50% reduction by 2030 [1][2][3] - The company has avoided over $250 million in food costs since 2019 through its "Less Left Over" food management strategy, which enhances dining experiences while minimizing waste [2][3] Food Management Strategy - The "Less Left Over" strategy includes various programs and technologies aimed at reducing food waste by 50% by 2030, fostering a culture of creativity among its 160,000 employees [3][4] - The company employs a circular economy approach to repurpose food scraps into new products, such as vegan soap from coffee grounds and biofuel from used cooking oil [4][5] Technological Innovations - Carnival Corporation utilizes over 630 biodigesters fleetwide to liquefy uneaten food, significantly reducing its volume [6][7] - The company has installed over 90 dehydrators to remove excess water from food waste, shrinking the remaining volume by approximately 90% for potential use as organic mulch or compost [7] Sustainability Initiatives - The food management strategy is part of a broader waste management and circular economy initiative, focusing on efficient resource management and sustainability [8] - Carnival Corporation's efforts aim to reduce environmental impact while providing sustainable financial results for stakeholders [8]

Core Concept - Cunard has partnered with Abbey Road Studios to create an exclusive Listening Lounge experience on board the Queen Elizabeth, featuring curated playlists of iconic recordings and film scores [1][2][4]. Group 1: Partnership and Experience - The Listening Lounge experience will debut on Queen Elizabeth in Autumn 2025, hosted in the Commodore Club, and will last 60 minutes [1]. - The playlists will include music from celebrated artists such as Ed Sheeran, Fela Kuti, and The Beatles, highlighting Abbey Road's rich recording heritage [2]. - Guests will enjoy the experience on select sea days, starting during Queen Elizabeth's maiden Caribbean season from Miami in October 2025, with a curated menu of cocktails available [5]. Group 2: Musical Heritage and Events - The playlists will feature famous film scores from iconic movies, showcasing Abbey Road's Studio One, which has been a home for film music for over 45 years [4]. - A special Event Voyage in partnership with Abbey Road is scheduled to depart Southampton for New York on October 23, 2026, celebrating the studio's musical heritage [6]. - The week-long crossing will include live performances, a photography exhibition, and Q&As with Abbey Road's award-winning engineers [7]. Group 3: Company Background - Cunard is a luxury British cruise line with a history dating back to 1840, celebrating 185 years of operation in 2025 [10]. - The company currently operates four ships: Queen Mary 2, Queen Elizabeth, Queen Victoria, and the newly launched Queen Anne [11]. - Cunard is known for its fine dining, entertainment, and outstanding service, with a focus on creating unforgettable experiences for guests [10].

Core Points - Cunard's Transatlantic Fashion Week voyage will take place from October 31 to November 7, 2025, sailing from New York to Southampton aboard the Queen Mary 2 [3][4] - The event will feature prominent fashion figures including Christian Siriano, Bob Mackie, and Coco Rocha, showcasing a blend of fashion and luxury at sea [4][7] - This marks the first time Cunard's Transatlantic Fashion Week will sail from the U.S., continuing the brand's tradition of high culture on the high seas [4][10] Company Highlights - Cunard has been a leading operator of passenger ships since 1840 and is celebrating 185 years of operation in 2025 [10] - The company operates four ships, including the newly launched Queen Anne, marking a significant expansion in its fleet [11] - Cunard is known for its luxurious experiences, including fine dining and high-quality entertainment, which are integral to its brand identity [10] Event Details - Christian Siriano will headline the voyage with his first-ever runway show at sea, featuring highlights from his 16-year archive and a custom nautical-themed dress [4][5] - Bob Mackie will showcase selected pieces from his personal archive, including celebrity gowns and sketches, along with a documentary screening and live Q&A [5][6] - Coco Rocha will lead workshops, including a model camp at sea, sharing her expertise from a 20-year career in fashion [7][8]

VALENCIA, Calif., June 2, 2025 /PRNewswire/ -- Cunard has unveiled its latest program of extraordinary voyages with 195 new itineraries across its iconic fleet, visiting 115 destinations in 32 countries between April 2027 and January 2028.The new itineraries include 93 UNESCO World Heritage sites. With 18 overnight port calls and 33 late-evening departures, the new program offers guests even more opportunities to explore the world. With more than 185 new voyages, Cunard’s ships will call at 115 unique d ...

Core Insights - Princess Cruises has launched its new 2026-27 South America and Antarctica season, featuring scenic routes and immersive itineraries, now available for booking [1][2] Itinerary Highlights - The 3,560-guest Majestic Princess will debut in this season, with a commitment to safe and environmentally responsible travel to Antarctica as a member of IAATO [2] - New scenic cruising routes include the Beagle Channel Fjords and Glacier Alley, showcasing glaciers from the Darwin Mountain Range [3] - The season includes five itineraries and six departures, ranging from 15 to 33 days, covering 17 destinations across 10 countries, including 10 UNESCO World Heritage Sites [8] Wildlife and Scenic Experiences - Guests can expect to see over one million penguins from five species in the Falkland Islands, along with whales, porpoises, and leopard seals during the cruise [5] - Scenic highlights include iconic locations such as Rio's skyline, Gerlache Strait, Elephant Island, and Cape Horn [6] Cultural Experiences - The itineraries will immerse guests in the local culture, featuring samba in Brazil and tango in Argentina and Uruguay, along with culinary experiences like caipirinhas and world-renowned steaks [7] Booking Incentives - Early booking discounts are available until June 14, 2025, offering perks such as onboard credits up to $1,200 and shore excursion credits up to $400 per stateroom [8][9]

Core Viewpoint - Cunard is celebrating its 185th anniversary with the "Sea of Glamour" exhibition, showcasing stories and photographs from guests around the world, highlighting the brand's rich history in luxury ocean travel [1][4][14]. Group 1: Exhibition Details - The "Sea of Glamour" exhibition will feature 185 curated images, including rare archive photos of Hollywood icons, musicians, and politicians, alongside guest-submitted photographs [2][9]. - The exhibition will be held at The Royal Liver Building in Liverpool from May 28, 2025, to June 17, 2025, before traveling aboard the Cunard fleet [8][10]. - An immersive audio storytelling experience and a sculptural installation called "Sails of History" will enhance visitor engagement [10]. Group 2: Curatorial Insights - The exhibition is curated by renowned photographer Mary McCartney, who emphasizes the importance of personal stories shared by Cunard guests [11][12]. - McCartney's work aims to capture the essence of glamour not just through celebrity images but through the shared experiences of all passengers [12]. Group 3: Company Background - Cunard, a luxury British cruise line, has been a leading operator of passenger ships since 1840 and is known for its fine dining, entertainment, and exceptional service [14][15]. - The company currently operates four ships: Queen Mary 2, Queen Elizabeth, Queen Victoria, and the newly launched Queen Anne, marking a significant expansion in its fleet [15].

Core Viewpoint - Carnival Corporation has successfully closed a private offering of $1.0 billion in senior unsecured notes, which will be used to redeem existing higher-interest debt, thereby reducing interest expenses and managing future debt maturities [1][2]. Group 1: Notes Offering Details - The offering consists of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due in 2031 [1]. - The proceeds will be utilized to redeem $993 million of 7.625% senior unsecured notes due in 2026, with the redemption scheduled for May 22, 2025 [1][2]. - The company anticipates a reduction in net interest expense exceeding $20 million through this transaction and a prior partial redemption of $350 million of the 2026 Unsecured Notes [2]. Group 2: Financial Structure and Guarantees - The new notes will pay interest semi-annually at a rate of 5.875%, starting December 15, 2025, and will mature on June 15, 2031 [3]. - The notes will be unsecured and guaranteed on a senior unsecured basis by Carnival plc and certain subsidiaries [3]. Group 3: Regulatory and Offering Conditions - The notes were offered only to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S [4]. - The notes will not be registered under the Securities Act and cannot be sold in the U.S. without registration or an exemption [5]. Group 4: Company Overview - Carnival Corporation & plc is recognized as the largest global cruise company and one of the largest leisure travel companies, operating a portfolio of well-known cruise lines [7].

Core Viewpoint - Cunard continues its partnership with the Royal Canadian Geographical Society (RCGS) for the Alaska 2025 season, featuring a lineup of expert speakers on select voyages starting June 12, 2025 [1][2][3] Company Overview - Cunard is a luxury British cruise line with a history of 185 years, known for providing unforgettable experiences through fine dining, entertainment, and exceptional service [7] - The company currently operates four ships: Queen Mary 2, Queen Elizabeth, Queen Victoria, and the newly launched Queen Anne [8] Partnership Details - The collaboration with RCGS aims to enhance the educational experience for guests, featuring explorers, naturalists, and other experts who will share their knowledge and stories [3][4] - This partnership, which began in 2023, has been well-received by guests, and Cunard is excited to continue it for a third season in Alaska [3] Speaker Lineup - The 2025 speaker lineup includes notable figures such as: - George Kourounis, a worldwide explorer and storm chaser [4] - Laval St. Germain, an airline captain and Everest summiter [4] - Andrew Fuestel, a professional astronaut with three spaceflights [4] - Sunniva Sorby, a polar ambassador and explorer [4] - Additional speakers include TV personalities and adventurers, enhancing the diverse range of expertise available to guests [5] Educational Programming - Cunard's Insights enrichment program will allow guests to immerse themselves in the Alaskan experience while learning from the RCGS speakers [2][3] - The programming is designed to provide intellectual enrichment and create lasting memories for guests [3]

Core Viewpoint - Carnival Corporation & plc is executing a private offering of $1.0 billion in senior unsecured notes at a 5.875% interest rate, aimed at redeeming $993 million of its existing higher-interest unsecured notes due in 2026, thereby reducing interest expenses and managing future debt maturities [1][2]. Group 1: Notes Offering Details - The Notes Offering will close on May 21, 2025, with the redemption of the 2026 Unsecured Notes expected to occur on May 22, 2025, contingent upon the closing of the Notes Offering [3]. - The new notes will pay interest semi-annually starting December 15, 2025, and will mature on June 15, 2031 [4]. Group 2: Financial Impact - The transaction is projected to reduce net annual interest expenses by over $20 million until the maturity date of the 2026 Unsecured Notes, following a previous partial redemption of $350 million earlier in the year [2]. - The new notes will be governed by investment grade-style covenants, enhancing the financial stability of the company [2]. Group 3: Company Overview - Carnival Corporation & plc is recognized as the largest global cruise company and one of the largest leisure travel companies, operating a diverse portfolio of cruise lines [8].