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IN BRIEF: Carnival prices $1 billion in senior unsecured notes

ALN

Carnival PLC - Miami, Florida-based cruise line - Prices $1.00 billion in senior unsecured notes due 2023 at 10.5%. The offering is expected to close on May 25 and will mature on June 1, 2030. The company expects to use the net proceeds of the offering to make debt payments during 2023 and for general corporate purposes.

Current stock price: 1,007.50 pence, down 4.3% in London

12-month change: down 37%

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