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Carnival Closes Private Offering Of Notes Worth USD900 Million

19th Aug 2020 12:40

(Alliance News) - Carnival PLC on Tuesday said it has closed a private offering of USD900 million in notes.

The second-priority senior secured notes, carrying an annual interest rate of 9.875%, are due in 2027. The cruise operator expects to use the proceeds for general corporate purposes.

Shares in Carnival were down 0.3% at 910.16 pence in London on Wednesday.

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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