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Carnival Closes €1 Billion Senior Notes Offering

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Carnival Closes €1 Billion Senior Notes Offering

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

On July 7, 2025, Carnival plc closed a private offering of €1.0 billion in senior unsecured notes due 2031, with an interest rate of 4.125% per year. The proceeds will be used to repay borrowings under senior secured term loan facilities maturing in 2027 and 2028. This transaction is part of Carnival’s strategy to deleverage, reduce interest expenses, and simplify its capital structure. The notes are guaranteed by Carnival Corporation and certain subsidiaries, and were offered to qualified institutional buyers and non-U.S. investors. This move is seen as a step towards achieving an investment-grade credit rating, reflecting Carnival’s ongoing efforts to strengthen its financial position.

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’s strong recovery and bullish technical indicators drive a positive outlook. Despite high leverage and rising operational costs, strategic financial moves and positive earnings call guidance suggest continued 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 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, Princess Cruises, and Seabourn.

Average Trading Volume: 25,907,123

Technical Sentiment Signal: Buy

Current Market Cap: $38.87B

See more data about CCL stock on TipRanks’ Stock Analysis page.

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