Carnival Corporation Completes $1 Billion Notes Offering

Paul, Weiss represented Carnival Corporation & plc in a Rule 144A offering of $1 billion aggregate principal amount of 10.500% senior unsecured notes maturing on June 1, 2030. J.P. Morgan, BofA Securities and Citigroup were the joint global coordinators and book-running managers for the offering.

Carnival is one of the world’s largest leisure travel companies, with a portfolio of nine of the world’s leading cruise lines and operations in North America, Australia, Europe and Asia.

The Paul, Weiss team included, among others, corporate partner John Kennedy and counsel Patricia Vaz de Almeida.