Carnival Corp.’s bonds were up by about a point early Monday, after the cruise operator said it would retire $1.2 billion of its highest-cost debt and issue a new $1 billion secured first-lien term loan.
Carnival CCL UK:CCL Chief Financial Officer David Bernstein said the company has confidence in its business and cash-flow generation as it enjoys a strong recovery in travel from customers eager to spread their wings after the restraints created by the COVID pandemic during the past three years.
The…
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