Carnival plc, founded in 1972 and headquartered in London, is one of the world's leading cruise companies, operating a global portfolio of cruise brands. The company is primarily focused on providing memorable vacation experiences to travelers through its diverse range of cruise offerings and exceptional onboard amenities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CCL 1.00% 2029-10-28 EURCarnival plc | United Kingdom | 2029-10-28 | 1.000 | 1.82 |
| CCL 4.13% 2031-07-15 EURCarnival plc | United Kingdom | 2031-07-15 | 4.125 | 3.51 |
| CCL 4.13% 2031-07-15 EURCarnival plc | United Kingdom | 2031-07-15 | 4.125 | 3.51 |
| CCL 7.88% 2027-06-01 USDCarnival plc | United Kingdom | 2027-06-01 | 7.875 | 4.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Carnival plc has a history of bond issuances dating back to the early 2000s, with a significant issuance in 2020 amounting to $4 billion to bolster liquidity during the pandemic. In recent years, Carnival's bonds have offered yields ranging between 6-8%, notably higher than the cruise industry average due to credit risk concerns stemming from the pandemic's impact. The company has also issued secured bonds tied to specific assets, and its recent debt management strategies have included extending maturities and reducing interest expenses amid fluctuating market conditions.