Carnival to Redeem $350 Million of 2026 Senior Notes in Continued Deleveraging Strategy

Carnival Corporation announced the redemption of $350 million in outstanding principal of its $1.4 billion 7.625% senior unsecured notes due in 2026. The redemption will occur on May 1, 2025, at a price equal to 100% of the principal amount, plus accrued and unpaid interest up to, but not including, the redemption date.

The move is part of Carnival's ongoing efforts to deleverage its balance sheet and reduce interest expenses. The company emphasized that this action reflects its strategic financial management and continued recovery efforts.

This notice does not constitute an official redemption notice, which has been issued separately.