Financing ·
Carnival Corporation Ltd. issued a notice to redeem all $500,000,000 aggregate principal amount of its 7.000%…
CCLCarnival Corp Ltd.
Carnival Corporation Ltd. issued a notice to redeem all $500,000,000 aggregate principal amount of its 7.000% First-Priority Senior Secured Notes due 2029 at a price of 103.50% of the principal amount. The redemption is scheduled for August 15, 2026. Accrued and unpaid interest will be paid to holders of record as of July 31, 2026. This action follows the notes becoming unsecured on June 25, 2026, after the company received a second investment grade credit rating, causing the collateral securing the debt to fall away. Carnival Corporation Ltd. operates in the cruise line industry.