Carnival Corporation

CCL

PA1436583006

Hotels, Motels & Cruise Lines

Market Closed - Nyse Other stock markets 04:00:02 2024-05-08 pm EDT			5-day change	1st Jan Change
14.3 ^USD	+1.27%		-1.17%	-22.87%

May. 07	Royal Caribbean recruiting thousands to meet surging demand, sources say	RE
May. 06	JPMorgan Adjusts Price Target on Carnival to $21 From $23, Keeps Overweight Rating	MT

Carnival agrees fresh credit facility, names new President at Seabourn

March 02, 2023 at 02:54 pm EST

(Alliance News) - Carnival PLC on Thursday announced a new USD2.1 billion multi-currency revolving credit facility replacing its existing arrangement upon its maturity in August 2024.

The new agreement has an initial term of one year with two, mutual one-year extension options and can be increased to an aggregate of USD2.9 billion.

Chief Financial Officer David Bernstein said: "The successful transaction is a direct reflection of our strong bank relationships and confidence in our continuing return to strong profitability."

Separately, the British-American cruise operator named Natalya Leahy as President of the group's ultra-luxury cruise line division Seabourn succeeding Josh Leibowitz.

Leahy was most recently chief operating officer for Holland America Group serving Princess, Holland America Line, Seabourn, P&O Australia and land operations.

Shares in Carnival closed 0.7% lower at 778.07 pence in London on Thursday.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Carnival Corporation

Royal Caribbean recruiting thousands to meet surging demand, sources say	May. 07	RE
JPMorgan Adjusts Price Target on Carnival to $21 From $23, Keeps Overweight Rating	May. 06	MT
Carnival Corporation & plc Announces Queen Anne Departs for Historic Maiden Voyage	May. 03	CI
European Equities Traded in the US as American Depositary Receipts Trend Modestly Lower in Wednesday Trading	May. 01	MT
Carnival's Princess brand revises 2025 world cruise routes amid Red Sea tensions	Apr. 30	RE
EARNINGS AND TRADING: Aura confident in Tiris; Cindrigo enters Germany	Apr. 26	AN
European Equities Traded in the US as American Depositary Receipts Trend Higher in Friday Trading, End Week Up 3.4%	Apr. 26	MT
Carnival Corporation & plc Announces Closing of ?500 Million 5.75% Senior Unsecured Notes Offering and Repricing of Senior Secured First Lien Term Loan B Facilities as Part of Ongoing Debt and Interest Expense Reduction	Apr. 26	CI
EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings	Apr. 22	AN
Viking Sets Price Range for IPO of $21-$25 per Share	Apr. 22	MT
Carnival plc Reprices Two Term Loan Facilities	Apr. 22	MT
Carnival plc Prices Private Notes Offering Worth EUR500 Million	Apr. 22	MT
Carnival Prices $532.7 Million Notes Offering; Plans Debt Redemption, Loans Repricing	Apr. 19	MT
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Apr. 19	MT
Carnival's Princess Cruises, Fincantieri Postpone Star Princess Ship Delivery; 9 Trips Canceled	Apr. 19	MT
Carnival, Fincantieri Decide to Postpone Delivery of Star Princess Ship to September 2025	Apr. 19	MT
Citigroup Adjusts Carnival's Price Target to $18 From $23, Maintains Buy Rating	Apr. 19	MT
Carnival Launches $531.4 Million Senior Notes Offering	Apr. 16	MT
Carnival promotes Lars Ljoen to chief maritime officer	Apr. 16	AN
Carnival Launches EUR500 Million Notes Offering due 2030 Amid Refinancing Plans	Apr. 16	MT
Carnival Corporation & plc Announces the Redemption of Existing ?500 Million Notes and Launch of New Senior Unsecured Notes Offering for Interest Expense Reduction	Apr. 16	CI
Cruise Operator Carnival's Chief Maritime Officer to Step Down	Apr. 16	MT
Carnival Corporation & plc Announces Executive Changes, Effective February 1, 2025	Apr. 15	CI
Cruise Operator Carnival Confirms Review Amid Reported Miami HQ Sale	Apr. 10	MT
Cruise Operator Carnival Taps Cushman & Wakefield for US HQ Sale	Apr. 10	MT

Carnival Corporation is the world's No. 1 cruise ship line. The group operates Carnival Cruise Line, Holland America Line, Princess Cruises, Seabourn, Cunard, AIDA Cruises, Costa Cruises, P&O Cruises and P&O Cruises Australia. Net sales break down by activity as follows: - sale of cruises (98.8%). Net sales break down by source of income between sales of tickets (62.5%) and sales of on-board services (37.5%); - other (1.2%): sale of trips to Alaska through Holland America Princess Alaska Tours. As of November 2023, Carnival Corporation had a fleet of 92 ships with a total capacity of 257,930 berths. Net sales are distributed geographically as follows: North America (60.7%), Europe (30.4%), Australia and Asia (5.5%) and other (3.4%).

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-06-19 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

More about the company