Welcome to our dedicated page for Carnival Corporation news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival Corporation stock.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world's largest global cruise company and one of the largest vacation companies, with a portfolio that includes many of the most recognized cruise brands. The company's brands include Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia.
With 92 ships in service as of the end of fiscal 2023, Carnival Corporation offers a wide range of vacation products tailored to different cultures and preferences. Combined, their cruise brands welcomed nearly 13 million guests in 2019 and again in 2023, underscoring the resilient demand for cruise vacations.
Notably, Carnival Corporation also owns Holland America Princess Alaska Tours, enhancing its land-based tour offerings in Alaska and the Canadian Yukon. The company's commitment to development and innovation is evident in its various projects, such as Princess Cruises' new immersive
Carnival Corporation & plc announced the closing of a $2.03 billion private offering of 10.375% Senior Priority Notes due 2028. The proceeds will primarily be used to repay amounts drawn under the revolving credit facility. The notes, callable from May 1, 2025, will pay interest semi-annually, starting May 1, 2023. The offering is unregistered and available only to qualified institutional buyers. The company will also contribute 12 unencumbered vessels to support the issuance. This move aims to enhance liquidity and financial stability.
Holland America Line launched a new storytelling event called "A City on the Sea", which takes guests on an immersive journey behind the scenes of cruise ship operations. Debuting on October 15 aboard the Rotterdam, the show features live narration from the ship's cruise director and introduces various team members. It highlights essential ship functions, including engineering and laundry services, while showcasing the human stories that bring these floating cities to life. The presentation will be available fleetwide starting early 2023.
On October 22, 2022, Princess Cruises hosted a special cruise featuring original cast members of "The Love Boat" alongside the hosts of CBS's "The Real Love Boat". The event celebrated the legacy of the show and included activities such as a renewal of vows for guests. The original cast, including Jill Whelan and Bernie Kopell, shared memories and tributes to Gavin MacLeod. The new dating show aims to create romantic connections among singles aboard a luxury cruise while referencing the charm of the original series. Princess Cruises operates a fleet of 15 ships, serving over 330 global destinations.
Cunard has revealed its 2023 Insights enrichment program for Alaska cruises, featuring renowned adventurer Bear Grylls as the headline speaker. Grylls will join the Queen Elizabeth on its maiden Alaskan voyage from Vancouver on June 8, 2023. Guests will explore Glacier Bay National Park and other destinations during the 12-night cruise. The program also includes speakers such as marine archaeologist Mensun Bound and mountaineer Kenton Cool. Cunard is set to offer six additional voyages showcasing different explorers throughout the summer.
Princess Cruises has introduced a new Culinary Collection of Holiday Menus for the 2022 holiday season, featuring gourmet dining options including a Thanksgiving feast with five entrees. Guests will experience festive decorations, special activities, and a four-course Thanksgiving menu that includes traditional turkey, vegetarian options, and various seafood dishes. The celebratory dining aims to enhance the holiday experience for travelers sailing from November 24, 2022. Culinary Arts head, Rudi Sodamin, emphasizes the nostalgia and excitement of holiday meals in the new offerings.
Carnival Corporation & plc announced a successful upsizing of its private offering, pricing $2.03 billion of 10.375% Senior Priority Notes due 2028. The initial offering was increased from $1.25 billion due to strong demand. Proceeds will be used to repay revolving credit facility amounts. The Notes will pay interest semi-annually starting May 1, 2023, and are callable from May 1, 2025. The offering is expected to close on October 25, 2022.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced the commencement of a private offering of $1.25 billion Senior Priority Notes due 2028. These notes will be guaranteed by Carnival Corporation and its subsidiaries, with 12 unencumbered vessels contributed to the Issuer. Proceeds from the offering will be used for debt principal payments and corporate purposes. The offering targets qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S, without registration under the Securities Act.
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