[8-K] Carnival Corporation Reports Material Event
Carnival Corporation & plc (NYSE: CCL) filed an 8-K on 7 July 2025 under Item 7.01 (Regulation FD) to disclose a significant capital-markets transaction.
The company priced a private offering of US$3.0 billion aggregate principal amount of 5.750% senior unsecured notes due 2032. Concurrently, it issued a conditional notice of redemption for US$2.4 billion of its outstanding 5.750% senior unsecured notes due 2027. The redemption is scheduled for 17 July 2025 at 100% of principal plus a make-whole premium and accrued interest, and is expressly conditioned on the closing of the new notes offering.
The filing clarifies that neither the 8-K nor the accompanying press release (Exhibit 99.1) constitutes the formal redemption notice for the 2027 notes; the information is being furnished, not filed, under the Exchange Act. Exhibit 104 contains the Inline XBRL cover-page data.
- New issuance: US$3.0 bn, 5.750% coupon, maturity 2032.
- Redemption target: US$2.4 bn, 5.750% coupon, maturity 2027; redemption date 17 Jul 2025.
- Condition precedent: Completion of the 2032 notes offering.
The transaction, if completed, will extend the company鈥檚 debt maturity profile by five years while marginally increasing total principal outstanding by US$0.6 bn.
Carnival Corporation & plc (NYSE: CCL) ha depositato un modulo 8-K il 7 luglio 2025 ai sensi del punto 7.01 (Regolamento FD) per comunicare una significativa operazione sui mercati finanziari.
L'azienda ha fissato il prezzo di un'offerta privata per un ammontare complessivo di 3,0 miliardi di dollari di obbligazioni senior non garantite al 5,750% con scadenza 2032. Contestualmente, ha emesso un avviso condizionato di rimborso per 2,4 miliardi di dollari delle obbligazioni senior non garantite al 5,750% in scadenza nel 2027. Il rimborso 猫 previsto per il 17 luglio 2025 al 100% del capitale pi霉 un premio make-whole e gli interessi maturati, ed 猫 espressamente condizionato al perfezionamento dell'offerta delle nuove obbligazioni.
Il deposito chiarisce che n茅 il modulo 8-K n茅 il comunicato stampa allegato (Esibizione 99.1) costituiscono la notifica formale di rimborso per le obbligazioni 2027; le informazioni sono fornite, non depositate, ai sensi dell'Exchange Act. L'Esibizione 104 contiene i dati della copertina Inline XBRL.
- Nuova emissione: 3,0 miliardi di dollari, cedola 5,750%, scadenza 2032.
- Obbligazioni da rimborsare: 2,4 miliardi di dollari, cedola 5,750%, scadenza 2027; data di rimborso 17 luglio 2025.
- Condizione sospensiva: completamento dell'offerta delle obbligazioni 2032.
Se completata, l'operazione estender脿 il profilo di scadenza del debito della societ脿 di cinque anni, aumentando marginalmente il capitale totale in essere di 0,6 miliardi di dollari.
Carnival Corporation & plc (NYSE: CCL) present贸 un formulario 8-K el 7 de julio de 2025 bajo el punto 7.01 (Regulaci贸n FD) para revelar una transacci贸n significativa en los mercados de capital.
La compa帽铆a fij贸 el precio de una oferta privada por un monto agregado de 3.000 millones de d贸lares en notas senior no garantizadas al 5,750% con vencimiento en 2032. Simult谩neamente, emiti贸 un aviso condicional de redenci贸n por 2.400 millones de d贸lares de sus notas senior no garantizadas al 5,750% con vencimiento en 2027. La redenci贸n est谩 programada para el 17 de julio de 2025 al 100% del principal m谩s una prima make-whole y los intereses acumulados, y est谩 expresamente condicionada al cierre de la nueva oferta de notas.
El documento aclara que ni el 8-K ni el comunicado de prensa adjunto (Exhibici贸n 99.1) constituyen el aviso formal de redenci贸n para las notas de 2027; la informaci贸n se proporciona, no se presenta, bajo la Ley de Intercambio. La Exhibici贸n 104 contiene los datos de la portada Inline XBRL.
- Nueva emisi贸n: 3.000 millones de d贸lares, cup贸n 5,750%, vencimiento 2032.
- Objetivo de redenci贸n: 2.400 millones de d贸lares, cup贸n 5,750%, vencimiento 2027; fecha de redenci贸n 17 de julio de 2025.
- Condici贸n previa: Finalizaci贸n de la oferta de notas 2032.
Si se completa la transacci贸n, esta extender谩 el perfil de vencimiento de la deuda de la compa帽铆a en cinco a帽os, aumentando marginalmente el principal total pendiente en 600 millones de d贸lares.
Carnival Corporation & plc (NYSE: CCL)電� 2025雲� 7鞗� 7鞚� 頃 7.01(攴滌爼 FD)鞐� 霐半澕 欷戩殧頃� 鞛愲掣鞁滌灔 瓯半灅毳� 瓿店皽頃橁赴 鞙勴暣 8-K 靹滊毳� 鞝滌稖頄堨姷雼堧嫟.
须岇偓电� 2032雲� 毵岅赴 5.750% 靹犾垳鞙� 氍措嫶氤� 毂勱秾 齑濎暋 30鞏� 雼煬鞚� 靷 氚滍枆 臧�瓴╈潉 毂呾爼頄堨姷雼堧嫟. 霃欖嫓鞐� 2027雲� 毵岅赴 5.750% 靹犾垳鞙� 氍措嫶氤� 毂勱秾 24鞏� 雼煬鞐� 雽�頃� 臁瓣贝攵� 靸來櫂 韱奠靹滊ゼ 氚滍枆頄堨姷雼堧嫟. 靸來櫂鞚� 2025雲� 7鞗� 17鞚检棎 鞗愱笀 100%鞕� 氅旍澊韥檧 頂勲Μ氙胳梽 氚� 氙胳旮� 鞚挫瀽毳� 韽暔頃橃棳 鞓堨爼霅橃柎 鞛堨溂氅�, 鞁犼窚 毂勱秾 氚滍枆 鞕勲毳� 臁瓣贝鞙茧 頃╇媹雼�.
鞝滌稖 靹滊電� 8-K 氚� 觳秬 氤措弰鞛愲(鞝勳嫓氍� 99.1)臧� 2027雲� 毂勱秾鞐� 雽�頃� 瓿奠嫕 靸來櫂 韱奠靹滉皜 鞎勲嫎鞚� 氇呿檿頌� 頃橂┌, 頃措嫻 鞝曤炒電� 歃濌秾瓯半灅氩曥棎 霐半澕 鞝滌稖霅� 瓴冹澊 鞎勲媹霛� 鞝滉车霅� 瓴冹瀯鞚� 氚濏灆雼堧嫟. 鞝勳嫓氍� 104鞐愲姅 鞚鸽澕鞚� XBRL 響滌 雿办澊韯瓣皜 韽暔霅橃柎 鞛堨姷雼堧嫟.
- 鞁犼窚 氚滍枆: 30鞏� 雼煬, 5.750% 炜犿彴, 毵岅赴 2032雲�.
- 靸來櫂 雽�靸�: 24鞏� 雼煬, 5.750% 炜犿彴, 毵岅赴 2027雲�; 靸來櫂鞚� 2025雲� 7鞗� 17鞚�.
- 靹犿枆 臁瓣贝: 2032雲� 毂勱秾 氚滍枆 鞕勲.
瓯半灅臧� 鞕勲霅橂┐ 須岇偓鞚� 攵�毂� 毵岅赴 甑“臧� 5雲� 鞐办灔霅橂┌, 齑� 鞗愱笀鞚� 6鞏� 雼煬 臧�霟� 靻岉彮 歃濌皜頃橁矊 霅╇媹雼�.
Carnival Corporation & plc (NYSE : CCL) a d茅pos茅 un formulaire 8-K le 7 juillet 2025 en vertu de l'article 7.01 (R猫glement FD) pour divulguer une transaction importante sur les march茅s de capitaux.
La soci茅t茅 a fix茅 le prix d'une 茅mission priv茅e d'un montant principal global de 3,0 milliards de dollars de billets senior non garantis 脿 5,750 % 茅ch茅ant en 2032. Parall猫lement, elle a 茅mis un avis conditionnel de rachat portant sur 2,4 milliards de dollars de ses billets senior non garantis 脿 5,750 % arrivant 脿 茅ch茅ance en 2027. Le rachat est pr茅vu pour le 17 juillet 2025 脿 100 % du principal plus une prime make-whole et les int茅r锚ts courus, et est express茅ment conditionn茅 脿 la cl么ture de la nouvelle 茅mission de billets.
Le d茅p么t pr茅cise que ni le 8-K ni le communiqu茅 de presse joint (Exhibit 99.1) ne constituent l'avis formel de rachat des billets 2027 ; les informations sont fournies, non d茅pos茅es, en vertu de la loi sur les 茅changes. L'Exhibit 104 contient les donn茅es de la page de couverture Inline XBRL.
- Nouvelle 茅mission : 3,0 milliards de dollars, coupon 5,750 %, 茅ch茅ance 2032.
- Cible de rachat : 2,4 milliards de dollars, coupon 5,750 %, 茅ch茅ance 2027 ; date de rachat 17 juillet 2025.
- Condition pr茅alable : Finalisation de l'茅mission des billets 2032.
Si la transaction est finalis茅e, elle prolongera le profil d'茅ch茅ance de la dette de la soci茅t茅 de cinq ans tout en augmentant l茅g猫rement le principal total en circulation de 0,6 milliard de dollars.
Carnival Corporation & plc (NYSE: CCL) reichte am 7. Juli 2025 ein Formular 8-K unter Punkt 7.01 (Regulation FD) ein, um eine bedeutende Kapitalmarkttransaktion offenzulegen.
Das Unternehmen preisgab eine Privatplatzierung von Senior-Unsecured Notes im Gesamtwert von 3,0 Milliarden US-Dollar mit 5,750 % Kupon und F盲lligkeit 2032. Gleichzeitig gab es eine bedingte R眉ckzahlungsanzeige f眉r 2,4 Milliarden US-Dollar seiner ausstehenden 5,750 % Senior-Unsecured Notes mit F盲lligkeit 2027 heraus. Die R眉ckzahlung ist f眉r den 17. Juli 2025 geplant, zu 100 % des Nennwerts zuz眉glich eines Make-Whole-Zuschlags und aufgelaufener Zinsen, und ist ausdr眉cklich an den Abschluss der neuen Anleiheemission gebunden.
Die Einreichung stellt klar, dass weder das 8-K noch die begleitende Pressemitteilung (Anlage 99.1) die formelle R眉ckzahlungsmitteilung f眉r die 2027er Notes darstellen; die Informationen werden gem盲脽 dem Exchange Act bereitgestellt, nicht eingereicht. Anlage 104 enth盲lt die Inline-XBRL-Titeldaten.
- Neue Emission: 3,0 Mrd. USD, 5,750 % Kupon, F盲lligkeit 2032.
- 搁眉肠办锄补丑濒耻苍驳蝉办补苍诲颈诲补迟: 2,4 Mrd. USD, 5,750 % Kupon, F盲lligkeit 2027; R眉ckzahlungstermin 17. Juli 2025.
- Bedingung: Abschluss der Emission der 2032er Notes.
Wenn die Transaktion abgeschlossen wird, verl盲ngert sie das F盲lligkeitsprofil der Schulden des Unternehmens um f眉nf Jahre und erh枚ht den ausstehenden Gesamtnennbetrag geringf眉gig um 0,6 Mrd. USD.
- Five-year maturity extension from 2027 to 2032 reduces near-term refinancing risk.
- Maintained 5.750% coupon on new debt despite longer tenor, indicating market acceptance of credit risk.
- Net principal increase of US$0.6 bn (US$3.0 bn issued vs. US$2.4 bn redeemed) raises overall leverage.
- Make-whole premium and accrued interest on the 2027 notes create an immediate cash outflow.
Insights
TL;DR: CCL swaps 2027 debt for longer-dated 2032 notes; modestly positive for maturity profile.
Assessment: The US$3 bn 5.750% 2032 issuance refinances US$2.4 bn of equally priced 2027 notes. The key benefit is a five-year extension of the maturity wall, reducing refinancing pressure in the medium term. Coupon parity suggests the company secured terms without paying a higher rate, notable given current market conditions. The net US$0.6 bn principal uptick and make-whole premium add to leverage and cash outflow, but the scale is limited relative to Carnival鈥檚 capital structure. Overall, the action signals proactive liability management rather than distress.
TL;DR: Debt refinance improves tenor, limited impact on cost; neutral-to-positive for credit outlook.
The conditional redemption locks in the 2027 repayment only after the 2032 deal funds, mitigating execution risk. Holding the coupon at 5.750% for a longer term implies market confidence in Carnival鈥檚 credit trajectory post-pandemic recovery. While leverage inches higher, the extended horizon aids liquidity planning. From an equity perspective, the transaction is unlikely to materially alter near-term earnings but supports balance-sheet flexibility, warranting a mildly constructive view.
Carnival Corporation & plc (NYSE: CCL) ha depositato un modulo 8-K il 7 luglio 2025 ai sensi del punto 7.01 (Regolamento FD) per comunicare una significativa operazione sui mercati finanziari.
L'azienda ha fissato il prezzo di un'offerta privata per un ammontare complessivo di 3,0 miliardi di dollari di obbligazioni senior non garantite al 5,750% con scadenza 2032. Contestualmente, ha emesso un avviso condizionato di rimborso per 2,4 miliardi di dollari delle obbligazioni senior non garantite al 5,750% in scadenza nel 2027. Il rimborso 猫 previsto per il 17 luglio 2025 al 100% del capitale pi霉 un premio make-whole e gli interessi maturati, ed 猫 espressamente condizionato al perfezionamento dell'offerta delle nuove obbligazioni.
Il deposito chiarisce che n茅 il modulo 8-K n茅 il comunicato stampa allegato (Esibizione 99.1) costituiscono la notifica formale di rimborso per le obbligazioni 2027; le informazioni sono fornite, non depositate, ai sensi dell'Exchange Act. L'Esibizione 104 contiene i dati della copertina Inline XBRL.
- Nuova emissione: 3,0 miliardi di dollari, cedola 5,750%, scadenza 2032.
- Obbligazioni da rimborsare: 2,4 miliardi di dollari, cedola 5,750%, scadenza 2027; data di rimborso 17 luglio 2025.
- Condizione sospensiva: completamento dell'offerta delle obbligazioni 2032.
Se completata, l'operazione estender脿 il profilo di scadenza del debito della societ脿 di cinque anni, aumentando marginalmente il capitale totale in essere di 0,6 miliardi di dollari.
Carnival Corporation & plc (NYSE: CCL) present贸 un formulario 8-K el 7 de julio de 2025 bajo el punto 7.01 (Regulaci贸n FD) para revelar una transacci贸n significativa en los mercados de capital.
La compa帽铆a fij贸 el precio de una oferta privada por un monto agregado de 3.000 millones de d贸lares en notas senior no garantizadas al 5,750% con vencimiento en 2032. Simult谩neamente, emiti贸 un aviso condicional de redenci贸n por 2.400 millones de d贸lares de sus notas senior no garantizadas al 5,750% con vencimiento en 2027. La redenci贸n est谩 programada para el 17 de julio de 2025 al 100% del principal m谩s una prima make-whole y los intereses acumulados, y est谩 expresamente condicionada al cierre de la nueva oferta de notas.
El documento aclara que ni el 8-K ni el comunicado de prensa adjunto (Exhibici贸n 99.1) constituyen el aviso formal de redenci贸n para las notas de 2027; la informaci贸n se proporciona, no se presenta, bajo la Ley de Intercambio. La Exhibici贸n 104 contiene los datos de la portada Inline XBRL.
- Nueva emisi贸n: 3.000 millones de d贸lares, cup贸n 5,750%, vencimiento 2032.
- Objetivo de redenci贸n: 2.400 millones de d贸lares, cup贸n 5,750%, vencimiento 2027; fecha de redenci贸n 17 de julio de 2025.
- Condici贸n previa: Finalizaci贸n de la oferta de notas 2032.
Si se completa la transacci贸n, esta extender谩 el perfil de vencimiento de la deuda de la compa帽铆a en cinco a帽os, aumentando marginalmente el principal total pendiente en 600 millones de d贸lares.
Carnival Corporation & plc (NYSE: CCL)電� 2025雲� 7鞗� 7鞚� 頃 7.01(攴滌爼 FD)鞐� 霐半澕 欷戩殧頃� 鞛愲掣鞁滌灔 瓯半灅毳� 瓿店皽頃橁赴 鞙勴暣 8-K 靹滊毳� 鞝滌稖頄堨姷雼堧嫟.
须岇偓电� 2032雲� 毵岅赴 5.750% 靹犾垳鞙� 氍措嫶氤� 毂勱秾 齑濎暋 30鞏� 雼煬鞚� 靷 氚滍枆 臧�瓴╈潉 毂呾爼頄堨姷雼堧嫟. 霃欖嫓鞐� 2027雲� 毵岅赴 5.750% 靹犾垳鞙� 氍措嫶氤� 毂勱秾 24鞏� 雼煬鞐� 雽�頃� 臁瓣贝攵� 靸來櫂 韱奠靹滊ゼ 氚滍枆頄堨姷雼堧嫟. 靸來櫂鞚� 2025雲� 7鞗� 17鞚检棎 鞗愱笀 100%鞕� 氅旍澊韥檧 頂勲Μ氙胳梽 氚� 氙胳旮� 鞚挫瀽毳� 韽暔頃橃棳 鞓堨爼霅橃柎 鞛堨溂氅�, 鞁犼窚 毂勱秾 氚滍枆 鞕勲毳� 臁瓣贝鞙茧 頃╇媹雼�.
鞝滌稖 靹滊電� 8-K 氚� 觳秬 氤措弰鞛愲(鞝勳嫓氍� 99.1)臧� 2027雲� 毂勱秾鞐� 雽�頃� 瓿奠嫕 靸來櫂 韱奠靹滉皜 鞎勲嫎鞚� 氇呿檿頌� 頃橂┌, 頃措嫻 鞝曤炒電� 歃濌秾瓯半灅氩曥棎 霐半澕 鞝滌稖霅� 瓴冹澊 鞎勲媹霛� 鞝滉车霅� 瓴冹瀯鞚� 氚濏灆雼堧嫟. 鞝勳嫓氍� 104鞐愲姅 鞚鸽澕鞚� XBRL 響滌 雿办澊韯瓣皜 韽暔霅橃柎 鞛堨姷雼堧嫟.
- 鞁犼窚 氚滍枆: 30鞏� 雼煬, 5.750% 炜犿彴, 毵岅赴 2032雲�.
- 靸來櫂 雽�靸�: 24鞏� 雼煬, 5.750% 炜犿彴, 毵岅赴 2027雲�; 靸來櫂鞚� 2025雲� 7鞗� 17鞚�.
- 靹犿枆 臁瓣贝: 2032雲� 毂勱秾 氚滍枆 鞕勲.
瓯半灅臧� 鞕勲霅橂┐ 須岇偓鞚� 攵�毂� 毵岅赴 甑“臧� 5雲� 鞐办灔霅橂┌, 齑� 鞗愱笀鞚� 6鞏� 雼煬 臧�霟� 靻岉彮 歃濌皜頃橁矊 霅╇媹雼�.
Carnival Corporation & plc (NYSE : CCL) a d茅pos茅 un formulaire 8-K le 7 juillet 2025 en vertu de l'article 7.01 (R猫glement FD) pour divulguer une transaction importante sur les march茅s de capitaux.
La soci茅t茅 a fix茅 le prix d'une 茅mission priv茅e d'un montant principal global de 3,0 milliards de dollars de billets senior non garantis 脿 5,750 % 茅ch茅ant en 2032. Parall猫lement, elle a 茅mis un avis conditionnel de rachat portant sur 2,4 milliards de dollars de ses billets senior non garantis 脿 5,750 % arrivant 脿 茅ch茅ance en 2027. Le rachat est pr茅vu pour le 17 juillet 2025 脿 100 % du principal plus une prime make-whole et les int茅r锚ts courus, et est express茅ment conditionn茅 脿 la cl么ture de la nouvelle 茅mission de billets.
Le d茅p么t pr茅cise que ni le 8-K ni le communiqu茅 de presse joint (Exhibit 99.1) ne constituent l'avis formel de rachat des billets 2027 ; les informations sont fournies, non d茅pos茅es, en vertu de la loi sur les 茅changes. L'Exhibit 104 contient les donn茅es de la page de couverture Inline XBRL.
- Nouvelle 茅mission : 3,0 milliards de dollars, coupon 5,750 %, 茅ch茅ance 2032.
- Cible de rachat : 2,4 milliards de dollars, coupon 5,750 %, 茅ch茅ance 2027 ; date de rachat 17 juillet 2025.
- Condition pr茅alable : Finalisation de l'茅mission des billets 2032.
Si la transaction est finalis茅e, elle prolongera le profil d'茅ch茅ance de la dette de la soci茅t茅 de cinq ans tout en augmentant l茅g猫rement le principal total en circulation de 0,6 milliard de dollars.
Carnival Corporation & plc (NYSE: CCL) reichte am 7. Juli 2025 ein Formular 8-K unter Punkt 7.01 (Regulation FD) ein, um eine bedeutende Kapitalmarkttransaktion offenzulegen.
Das Unternehmen preisgab eine Privatplatzierung von Senior-Unsecured Notes im Gesamtwert von 3,0 Milliarden US-Dollar mit 5,750 % Kupon und F盲lligkeit 2032. Gleichzeitig gab es eine bedingte R眉ckzahlungsanzeige f眉r 2,4 Milliarden US-Dollar seiner ausstehenden 5,750 % Senior-Unsecured Notes mit F盲lligkeit 2027 heraus. Die R眉ckzahlung ist f眉r den 17. Juli 2025 geplant, zu 100 % des Nennwerts zuz眉glich eines Make-Whole-Zuschlags und aufgelaufener Zinsen, und ist ausdr眉cklich an den Abschluss der neuen Anleiheemission gebunden.
Die Einreichung stellt klar, dass weder das 8-K noch die begleitende Pressemitteilung (Anlage 99.1) die formelle R眉ckzahlungsmitteilung f眉r die 2027er Notes darstellen; die Informationen werden gem盲脽 dem Exchange Act bereitgestellt, nicht eingereicht. Anlage 104 enth盲lt die Inline-XBRL-Titeldaten.
- Neue Emission: 3,0 Mrd. USD, 5,750 % Kupon, F盲lligkeit 2032.
- 搁眉肠办锄补丑濒耻苍驳蝉办补苍诲颈诲补迟: 2,4 Mrd. USD, 5,750 % Kupon, F盲lligkeit 2027; R眉ckzahlungstermin 17. Juli 2025.
- Bedingung: Abschluss der Emission der 2032er Notes.
Wenn die Transaktion abgeschlossen wird, verl盲ngert sie das F盲lligkeitsprofil der Schulden des Unternehmens um f眉nf Jahre und erh枚ht den ausstehenden Gesamtnennbetrag geringf眉gig um 0,6 Mrd. USD.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Special Voting Share, GBP 1.00 par value and Trust Shares of beneficial interest in the P&O Princess Special Voting Trust | , Inc. | |||
Indicate by check mark whether the registrants are emerging growth companies as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2) of this chapter).
Emerging growth companies
If emerging growth companies, indicate by check mark if the registrants have elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 7.01 | Regulation FD. |
On July 7, 2025, Carnival Corporation & plc issued a press release announcing that Carnival Corporation (the “Company”) has priced a private offering of $3.0 billion aggregate principal amount of 5.750% senior unsecured notes due 2032 (the “Notes Offering”).
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 Company’s 5.750% senior unsecured notes due 2027 (the “2027 Unsecured Notes”) to be redeemed on July 17, 2025 at a redemption price equal to 100.0% of the principal amount of the 2027 Unsecured Notes to be redeemed, plus an applicable “make-whole” premium and accrued and unpaid interest to, but excluding, the redemption date. The redemption is conditioned on the closing of the Notes Offering.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. Such press release includes forward-looking statements. See “Cautionary Note Concerning Forward-Looking Statements” within the press release for additional information. Neither this current report nor the press release constitutes a notice of redemption with respect to the 2027 Unsecured Notes.
The Company is furnishing the information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, to comply with Regulation FD. Such information shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release of Carnival Corporation and Carnival plc dated July 7, 2025. | |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CARNIVAL CORPORATION | CARNIVAL PLC | |||
| By: | /s/ David Bernstein | By: | /s/ David Bernstein | |
| Name: | David Bernstein | Name: | David Bernstein | |
| Title: | Chief Financial Officer and Chief Accounting Officer | Title: | Chief Financial Officer and Chief Accounting Officer | |
Date: July 7, 2025 |
Date: July 7, 2025 | |||
Source:
FAQ
What did Carnival (CCL) announce on 7 July 2025?
What is the coupon and maturity of the new notes offering?
Which existing notes will be redeemed and when?
Is the redemption of the 2027 notes guaranteed?
What redemption price will Carnival pay for the 2027 notes?
Does the 8-K filing constitute the formal notice of redemption?
