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IN BRIEF: Carnival announces marketing of term loan for refinancing

6th Oct 2021 06:31

Carnival PLC - Florida, US-based cruise operator - Intends to start the marketing of a first-priority senior secured term loan facility of USD1.5 billion maturing in 2028. The company intends to use the proceeds from the facility to redeem a portion of its 11.5% first priority senior secured notes due 2023, including related accrued interest, fees and expenses.

Current stock price: 1,722.40 pence

Year-to-date change: up 24%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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