Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Carnival ( (CCL) ) has issued an announcement.
Carnival Corporation announced the repricing of approximately $700 million in term loans maturing in 2027 and $1.75 billion in term loans maturing in 2028 as part of its ongoing efforts to reduce interest expenses. This repricing is expected to save the company around $18 million annually in interest expenses, enhancing its financial efficiency and potentially benefiting stakeholders by improving overall financial health.
More about Carnival
Carnival Corporation & plc is the largest global cruise company and one of the largest leisure travel companies, featuring a portfolio of world-class cruise lines including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn.
YTD Price Performance: -2.96%
Average Trading Volume: 21,483,665
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.38B
For detailed information about CCL stock, go to TipRanks’ Stock Analysis page.