Carnival Corp has taken out nearly another $3bn in loans to pay off debt coming due in the near term.
The Arnold Donald-led owner of 104 ships on Friday announced the pricing of a first-priority senior secured term loan facility consisting of a $1.86bn tranche and an €800m ($898m) tranche, with a maturity of five years.
The US-dollar and euro tranches will be issued at prices equal to 96% of face value and bear yearly interest rate at Euribor plus 7.5%.
