Carnival: Marketing of Term Loan Facility for Refinancing Transaction

Carnival Corp. Logo

Carnival Corporation announced that its joint Current Report on Form 8-K was filed with the U.S. Securities and Exchange Commission on October 4, 2021.

As described in the joint Current Report on Form 8-K, on October 4, 2021,Carnival Corporation announced that it intends to commence the marketing of a first-priority senior secured term loan facility with an original principal amount of $1.5 billion maturing in 2028.

The Company intends to use the proceeds from the Term Loan Facility to redeem a portion of the Company’s 11.500% First Priority Senior Secured Notes due 2023 (the “2023 Notes”), including related accrued interest, fees and expenses. This disclosure does not constitute a notice of redemption with respect to the 2023 Notes.

PJT Partners is serving as independent financial advisor to the Company.

Cruise Industry News Email Alerts

 

 

Email Newsletter

Get the latest breaking cruise news. Sign up.

Cruise Ship Orderbook

75 Ships | 169,174 Berths | $49 Billion | View

New 2022 Annual Report

Cruise Industry News Annual Report

Highlights:

100% Overview

Capacity Data

Through 2027

Regional Data

Brand by Brand

Order Today

2022 Expedition Report

2022 Expedition Market Report Cover

Highlights:

Mkt. Overview

Supply Data

All Operators

190+ Pages

PDF Download

Order Today