Carnival PLC - CUK STOCK NEWS

Welcome to our dedicated page for Carnival PLC news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival PLC stock.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is a British-American cruise operator, recognized as the largest global cruise company. Headquartered in Miami, Florida, the company boasts a diverse portfolio of ten cruise line brands, including Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival's fleet encompasses over 100 vessels, providing a range of memorable vacation experiences worldwide.

With 92 ships in service by the end of fiscal 2023, Carnival has demonstrated significant recovery and growth, especially after the pandemic. The company saw nearly 13 million guests in 2019, a figure they matched again in 2023. Among its notable achievements and current projects, Carnival continues to innovate in sustainable travel. Holland America Line, for example, began a long-term biofuel test on its flagship, Rotterdam, aiming to reduce greenhouse gas emissions significantly.

Recent news highlights the company's commitment to enriching guest experiences. Princess Cruises introduced an immersive 'Voyage to the Stars' experience in Alaska, while Holland America Line's Global Fresh Fish Program was featured on 'Top Chef'. Additionally, Seabourn's launch of its Zero @ Sea mixology program showcases unique non-alcoholic cocktails, responding to evolving guest preferences.

Carnival Corporation's future projects are also promising. The Princess Cruises fleet is set to expand its itineraries in Japan and Southeast Asia for the 2025-26 season, with Diamond Princess leading the way. Moreover, the Seabourn Odyssey will offer nostalgic final voyages through Alaska before transitioning out of the fleet.

Financially, Carnival Corporation continues to show resilience and growth, reflected in their latest fiscal reports and quarterly earnings. Investors and stakeholders can look forward to a conference call scheduled on June 25, 2024, to discuss second-quarter financial results. This proactive engagement underscores Carnival's dedication to transparency and shareholder value.

04/25/2024 04:05 PM

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Carnival Corporation & plc Announces Closing of €500 Million 5.75% Senior Unsecured Notes Offering and Repricing of Senior Secured First Lien Term Loan B Facilities as Part of Ongoing Debt and Interest Expense Reduction

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Carnival & plc announced the closing of a €500 million 5.75% Senior Unsecured Notes Offering, along with the repricing of Senior Secured First Lien Term Loan B Facilities. The transaction included partial prepayment of $800 million under Senior Secured First Lien Term Loan B Facilities and the redemption of 2026 Euro Unsecured Notes. The company aims to reduce debt and interest expenses by over $30 million for the remainder of 2024 and over $50 million annually.

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04/23/2024 04:24 PM

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Award-Winning Actress Hannah Waddingham Officially Christens Sun Princess in Awe-Inspiring Ceremony

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Award-winning actress Hannah Waddingham christens Sun Princess in a ceremony at the Port of Barcelona, joined by notable celebrities and TV personalities. Princess Cruises President John Padgett praises Waddingham's contribution as godmother, highlighting the ship's innovative features and worldwide destinations. The event also unveils Princess' upcoming ship enhancements, exclusive Sanctuary Collection debut, and Star Princess' Alaska voyages. Additionally, Princess collaborates with celebrities to launch Love Line Premium Liquors and introduces Love by Britto dining experience aboard Sun Princess.

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04/23/2024 08:30 AM

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Princess Cruises Unveils Exclusive New Sanctuary Collection Aboard Sun Princess and Star Princess

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Princess Cruises introduces an exclusive Sanctuary Collection aboard Sun Princess and Star Princess, offering guests a luxurious and all-inclusive oasis with top-deck retreat areas, private dining, and high-end amenities. The collection includes plush lounge furniture, private cabanas, pool, jacuzzi, priority specialty restaurant reservations, and premium stateroom amenities. Guests can enjoy sunrise yoga classes, sail-away receptions, and spacious accommodations in three different stateroom types. The Sanctuary Collection aims to provide an unparalleled experience surpassing other cruise lines' offerings, making it a top choice for those seeking indulgence and exclusivity.

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04/22/2024 03:12 PM

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SEABOURN PLANS SPECIAL ENTERTAINMENT AND ACTIVITIES TO COMMEMORATE SEABOURN ODYSSEY'S FAREWELL VOYAGE

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Seabourn plans special entertainment and activities to commemorate Seabourn Odyssey's farewell voyage, featuring incredible entertainment, special guests, and culinary offerings. The 22-day Pacific Passage will celebrate the ship's 15 years of service with appearances from the original team and performing cast, unique gifts, and memories. The farewell voyage offers special entertainment by guest performers, distinguished speakers, an artist in residence program, and signature events. Seabourn Odyssey will visit 11 ports and destinations, including Kodiak Island, Hubbard Glacier, and Hakodate, Japan, to mark the first turn of fall foliage.

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04/19/2024 04:05 PM

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Carnival Corporation & plc Announces Pricing of €500 Million 5.75% Senior Unsecured Notes Offering for Refinancing and Interest Expense Reduction and Successful Repricing of Senior Secured First Lien Term Loan B Facilities for Interest Expense and Debt Reduction

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Carnival & plc announced the pricing of €500 million 5.75% senior unsecured notes offering for refinancing and interest expense reduction, along with the successful repricing of senior secured first lien term loan B facilities. The company plans to use the proceeds to redeem existing debt and reduce interest expenses, resulting in significant cost savings. The Notes Offering and Repricing Transaction are part of the company's ongoing debt reduction and capital structure simplification strategy, expected to lower net interest expenses by over $30 million for the remainder of 2024 and over $50 million annually. The transactions are set to close on April 25, 2024, subject to customary conditions. The Notes will pay interest annually at a rate of 5.75% and mature in 2030, while the term loan facilities will bear interest based on SOFR with a margin of 2.75%. PJT Partners is acting as the financial advisor to Carnival & plc.

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04/19/2024 01:18 PM

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Cunard Officially Welcomes New Ship Queen Anne with Ceremony at Fincantieri Shipyard

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Cunard officially welcomes the new ship Queen Anne with a ceremony at Fincantieri Shipyard. The luxury cruise line's 3,000-guest ship joins the fleet after a handover ceremony in Venice. Queen Anne, the 249th ship under the Cunard flag and the third built by Fincantieri, offers innovative design concepts, partnerships with renowned chefs and wellness experts, and enhanced entertainment and dining options. The ship sets sail for Southampton and embarks on its maiden voyage to Lisbon on May 3, followed by a British Isles Festival Voyage with a Naming Ceremony in Liverpool on June 3.

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04/18/2024 02:00 PM

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SEABOURN ANNOUNCES WESTERN KIMBERLEY TRADITIONAL OWNERS, WUNAMBAL GAAMBERA, AS GODPARENTS OF SEABOURN PURSUIT

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Seabourn appoints Wunambal Gaambera Traditional Owners as godparents of Seabourn Pursuit, the first cruise line to do so, showcasing a commitment to sustainable tourism. The partnership involves a donation to support sustainable initiatives and the development of tourism facilities for the Traditional Owners. This collaboration aims to promote cultural exchange and economic opportunities while highlighting the unique Uunguu Experience of the Wunambal Gaambera people.

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04/17/2024 10:15 AM

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Holland America Line Set to Debut New 'Glacier Day' and Enhanced Alaska-Focused Experiences on Every Alaska Cruise in 2024

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Holland America Line introduces 'Glacier Day' and enhanced Alaska experiences on every Alaska cruise in 2024, featuring culinary highlights, exclusive cocktails, fresh seafood, wildlife viewing, and charitable initiatives. The new offerings aim to deepen guests' connection to Alaska's people, history, and culture, with a focus on sustainability and local partnerships.

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04/16/2024 04:27 AM

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Carnival Corporation & plc Announces the Redemption of Existing €500 Million Notes and Launch of New Senior Unsecured Notes Offering for Interest Expense Reduction; Launch of Repricing of Senior Secured First Lien Term Loan B Facilities with Partial Repayment for Debt and Interest Expense Reduction

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Carnival & plc announced the redemption of existing €500 million notes and the launch of a new senior unsecured notes offering to reduce interest expenses. They also initiated the repricing of senior secured first lien term loan B facilities with partial repayment for debt and interest expense reduction.

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04/15/2024 03:00 PM

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Carnival Corporation & plc Announces Maritime Executive Changes Effective Feb. 1, 2025

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Carnival & plc announces Vice Admiral William R. Burke's transition to External Affairs Advisor and Lars Ljoen's promotion to Chief Maritime Officer effective Feb. 1, 2025. Ljoen, a 25-year industry veteran, will oversee all maritime operations, strategic destination development, and owned ports, bringing his operational excellence to lead the company forward.

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FAQ

What is the current stock price of Carnival PLC (CUK)?

The current stock price of Carnival PLC (CUK) is $22.1 as of November 15, 2024.

What is the market cap of Carnival PLC (CUK)?

The market cap of Carnival PLC (CUK) is approximately 28.0B.

What brands are part of Carnival Corporation & plc?

Carnival Corporation & plc's brands include Carnival Cruise Lines, Holland America, Princess Cruises, Seabourn, P&O Cruises, Cunard Line, Aida, Costa Cruises, and P&O Cruises Australia.

How many ships does Carnival Corporation operate?

Carnival Corporation operates over 100 vessels across its ten cruise line brands.

What recent sustainability initiatives has Carnival Corporation undertaken?

Holland America Line started a long-term test of 100% low carbon intensity biofuel on its ship, Rotterdam, aiming to reduce greenhouse gas emissions.

What new experiences are available on Princess Cruises?

Princess Cruises introduced the 'Voyage to the Stars' experience in Alaska, featuring an immersive planetarium show of the Northern Lights and new culinary adventures.

How has Carnival Corporation recovered post-COVID-19?

Carnival Corporation attracted nearly 13 million guests in 2023, matching their 2019 pre-pandemic levels, demonstrating significant recovery and growth.

What are some highlights of the Seabourn Odyssey's final season?

Seabourn Odyssey's final season will feature 12 seven-day voyages through the Alaska Inside Passage, unique Ventures by Seabourn excursions, and a special 22-day Farewell Voyage to Japan.

How does Carnival Corporation engage with its investors?

Carnival Corporation holds regular financial results conference calls, like the upcoming one on June 25, 2024, to discuss second-quarter financial results with analysts.

What culinary innovations has Carnival Corporation introduced?

Carnival Corporation's Holland America Line featured its Global Fresh Fish Program on 'Top Chef', highlighting sustainable fish sourcing and culinary excellence.

What is the Zero @ Sea program by Seabourn?

Zero @ Sea is Seabourn's new non-alcoholic mixology program, offering a unique array of zero-proof cocktails available fleetwide.

Where can I find more information about Carnival Corporation's cruise offerings?

You can find more information on Carnival Corporation's cruise offerings on their official websites, such as carnivalcorp.com, hollandamerica.com, seabourn.com, and princess.com.