India, July 7 -- Carnival Corporation & plc (CCL,CUK, CCL.L) announced that Carnival Corporation priced its upsized private offering of $3.0 billion aggregate principal amount of 5.750% senior unsecured notes due 2032.
The company said it expects to use the proceeds from the Notes Offering to fully repay the borrowings under Carnival Corporation's first-priority senior secured term loan facility maturing in 2028, with remaining net proceeds, together with cash on hand, to be used to redeem $2.4 billion of the Company's 5.750% senior unsecured notes due 2027.
In connection with the pricing of the Notes Offering, the Company issued a conditional notice of redemption for $2.4 billion aggregate principal amount of the 2027 Unsecured Notes to ...