Carnival Corporation & plc Announces Closing of 9.875% Second-Priority Senior Secured Notes due 2027
Carnival Corporation & plc announced that Carnival Corporation (the "Corporation") has closed its private offering of $900 million aggregate principal amount of 9.875% Second-Priority Senior Secured Notes due 2027 (the "Secured Notes"). The Corporation expects to use the net proceeds from the offering of the Secured Notes for general corporate purposes.
The Secured Notes were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Secured Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the Secured Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful. PJT Partners LP served as independent financial advisor to the Company for the offering.
Aug 20 2020