22nd Apr 2025 20:16
Carnival PLC & Corp - Miami, Florida-based cruise operator - Issues notice of redemption for USD350.0 million outstanding principal amount of its USD1.4 billion 7.625% senior unsecured notes due 2026 to be redeemed on May 1, 2025 at a redemption price equal to 100.0% of the principal amount of the 2026 unsecured notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. This redemption is a continuation of the company’s strategy to deleverage and reduce interest expense.
Current stock price: 1,197.50 pence
12-month change: up 16%
By Jeremy Cutler, Alliance News reporter
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