Carnival ( (CCL) ) just unveiled an announcement.
On February 7, 2025, Carnival Corporation closed a private offering of $2.0 billion in senior unsecured notes due 2033, aimed at refinancing existing debt and reducing interest expenses. This move is part of Carnival’s broader strategy to lower interest costs, simplify its capital structure, and manage future debt maturities, resulting in an annual interest expense reduction of over $80 million.
More about Carnival
Carnival Corporation & plc is the largest global cruise company, and among the largest leisure travel companies, with a portfolio of world-class cruise lines including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn.
YTD Price Performance: 9.72%
Average Trading Volume: 20,267,112
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $35.52B
See more insights into CCL stock on TipRanks’ Stock Analysis page.
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