- Carnival Corporation (NYSE:CCL) has priced its upsized offering of $2B of 6.000% senior unsecured notes due 2029.
- The notes will be unsecured and will mature on May 1, 2029.
- Sale of notes is expected to close on November 2, 2021.
- The notes will pay interest semi-annually on May 1 and November 1 of each year, beginning on May 1, 2022, at a rate of 6.000% p.a and are callable beginning November 1, 2024.
- Net proceeds will be used to make scheduled principal payments on debt during 2022 and for general corporate purposes.