Carnival Plc (UK) (GB:CCL) has released an update.
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Carnival Corporation & plc successfully closed a €500 million offering of 5.75% senior unsecured notes due 2030 and repriced senior secured term loans, accelerating its debt reduction and interest expense savings. These strategic financial moves are expected to save over $30 million in net interest expenses for the remainder of 2024 and more than $50 million annually. The company’s efforts to simplify its capital structure and enhance its financial position have been reinforced by these transactions.
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