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Carnival Corporation & plc Completes Redemption of Remaining $322 Million 5.750% Senior Unsecured Notes due 2027
Prnewswireยท 2025-08-29 20:05
Core Viewpoint - Carnival Corporation has completed the redemption of approximately $322 million of its 5.750% senior unsecured notes due 2027, indicating a strong focus on improving its balance sheet and capital structure [1][2]. Group 1: Financial Actions - The redemption of the senior unsecured notes is part of the company's strategy to rebuild its investment-grade balance sheet and reduce interest expenses [2]. - The total amount redeemed was approximately $322 million, reflecting the company's proactive financial management [1]. Group 2: 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 including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn [3].