NYSE:CCLHospitality
Carnival Corporation & (NYSE:CCL) Restructures Debt with €1B and $2B Note Offerings
Carnival Corporation & (NYSE:CCL) undertook a notable debt refinancing initiative last quarter, which may have influenced its stock price jump of nearly 80%. The company issued €1 billion of unsecured notes due in 2031 and $2 billion of similar notes due in 2032, focusing on reducing secured debt and simplifying capital structure. During this period, broader market trends showed mixed results, with a 1.8% rise for the week amidst broader uncertainties such as tariff worries. However,...