Carnival Corp has closed its previously announced private offering of $500m in notes and upsized a $1.3bn loan facility, the proceeds of which will go toward paying off $1.2bn in high-cost debt.
The New York-listed owner of 95 cruise ships said a week ago that it would use the money to pay off $775m in 10.5% second-priority senior secured notes and €425m in 10.125%
