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Carnival Closes $3 Billion Senior Notes Offering

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Carnival Closes $3 Billion Senior Notes Offering

Elevate Your Investing Strategy:

The latest announcement is out from Carnival ( (CCL) ).

On July 16, 2025, Carnival Corporation closed a private offering of $3.0 billion in senior unsecured notes due 2032, with a 5.75% interest rate. The proceeds will be used to repay a senior secured term loan maturing in 2028 and redeem $2.4 billion of senior unsecured notes due 2027. This move is part of Carnival’s strategy to deleverage, manage future debt maturities, and reduce secured debt, continuing its path towards investment-grade credit.

The most recent analyst rating on (CCL) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Carnival stock, see the CCL Stock Forecast page.

Spark’s Take on CCL Stock

According to Spark, TipRanks’ AI Analyst, CCL is a Outperform.

Carnival Corporation’s stock score is driven by strong financial recovery and positive earnings outlook. Technical indicators show bullish momentum, though caution is warranted due to overbought signals. Strategic corporate actions further enhance the company’s growth potential.

To see Spark’s full report on CCL stock, click here.

More about Carnival

Carnival Corporation & plc is the largest global cruise company and one of the largest leisure travel companies, with a portfolio that includes world-class cruise lines such as AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn.

Average Trading Volume: 24,705,485

Technical Sentiment Signal: Buy

Current Market Cap: $38.09B

Find detailed analytics on CCL stock on TipRanks’ Stock Analysis page.

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