Member Info for BeeJayDoubleYou

Carnival Corporation

April 16, 2024 4:27 AM EDT

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

MIAMI, April 16, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") commenced a private offering (the "Notes Offering") of new senior unsecured notes in an aggregate principal amount of €500 million, expected to mature in 2030 (the "Notes") to refinance its €500 million 7.625% senior unsecured notes due 2026 (the "2026 Euro Unsecured Notes"), expecting to reduce interest expense.

The Company issued a conditional notice of redemption for the entire outstanding principal amount of the 2026 Euro Unsecured Notes to be redeemed on or about April 26, 2024 at a redemption price equal to 101.906% of the principal amount of the 2026 Euro Unsecured Notes, plus accrued and unpaid interest. The Company expects to fund the redemption using the net proceeds from the Notes Offering and cash on hand, and the redemption is conditioned on the closing of the Notes Offering.

In addition, and continuing its ongoing debt and interest expense reduction and capital structure simplification, the Company expects to commence the marketing of a repricing transaction (the "Repricing Transaction") with respect to its $2.3 billion first-priority senior secured term loan facility maturing in 2028 (the "2028 Secured Term Loan Facility") and its $1.3 billion senior secured term loan facility maturing in 2027 (the "2027 Secured Term Loan Facility"). As part of the Repricing Transaction, the Company expects to make partial prepayments of outstanding amounts under the 2028 Secured Term Loan Facility and the 2027 Secured Term Loan Facility in an aggregate amount of up to $800 million.

PJT Partners is serving as independent financial advisor to Carnival Corporation & plc.

This press release does not constitute a notice of redemption with respect to the 2026 Euro Unsecured Notes.

The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act.

The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to purchase the Notes or any other securities and shall not constitute an offer, solicitation or sale in a

I’ve only cruised with P&O and Cunard in recent years and they have always placed it on the edge of the wheel and, as you say, rang the bell.

I do sometimes do the same as BotBot and place one for the dealer but that’s not the norm for me.

AParky,

Always - with the added incentive of a considerable increase for the repeat on 32.

The same in all UK casinos I have played in.

Technically I was incorrect as you have to wait until they have cleared all losing bets.

Like you Bots, I bet the same numbers but quite often increase the bet after the wheel is spinning.

I do 32, neighbours and splits.

So on single Zero wheel it’s 32, 15, 0, 19, 26 plus the splits of 32. I usually throw in 3 as it’s a split of zero.

On double zero it’s 32, 20, 17, 5, 7 plus the splits. Quite often I throw in 23 (reverse of 32) as it’s amazing how often it comes in when you are constantly doing 32.

You don’t have to wait until after the payout.

You can place bets immediately after they have placed the dolly provided you don’t place any chips on the row of the payout or the two adjacent to it.

Kingsmen,

I do both depending on the dealer.

I usually place part of my bet before the spin then top-up after.

I’m sure it makes no difference but you just think you are confusing the dealer.

Try again - 200 x 17 = 3400

You’re right - I am getting old!!

But the total was correct 😀

Sorry, I assumed you realised that the max on splits and corners are doubled up from the 25, so:

35 x 25 = 875

17 x 50 = 3400

32 x 100 = 3200

Total £7475 (plus the stake of £625 back - but I always let it ride)

I’m in the same position,

this last cruise there were three dealers who had moved over from Cunard. As I walked in on the first evening the pit boss knew about me before I got to the table.

I do get frustrated when dealers are slow calculating the payout as I always place bets which should be easy for them.

Did get a couple of maximum payouts on 32 this time. Their max on the straight up is £25, so max on straight, splits and corners gives £7,475. It’s about time they reviewed these maximums as they have always been at this level for as long as I can remember.

P&0/Cunard are clearly missing something here.

Having thought about it, I understated my “throughput” considerably but still not up to your level!

I am usually the highest roller on My Cunard cruises, normally attracting an audience, which I imagine is also the case with yourself.

Bots,

P&O only give a voucher for free play on future cruise based on the amount/time you play.

They don’t (and won’t) tell you how it accumulates but it’s nowhere near as good as Cunard.

Recently came back from P&O cruise, my first with them for a few years, and they gave me a voucher for £500. I probably gambled, including re-investing winnings, around £40-50k.

For a similar amount with Cunard I normally get a voucher for $3-4k. Needless to say highly unlikely I will be going on P&O again. Not only that but we were very disappointed with many aspects of the cruise.

I think you get the best deal sticking with RCCL.

Bots,

I am sure you will make a lot of money long term.

I just have a feeling (no evidence) that sp will visit £10 before lift off and have a few bob set aside if it does.

Saw this on SDRY this morning (yes, I am in there and we’ll down) and thought it may be of interest to some on here.

https://petition.parliament.uk/petitions/657294

Saw this on SDRY this morning (yes, I am in there and we’ll down) and thought it may be of interest to some on here.

https://petition.parliament.uk/petitions/657294

You now have your Peel Hunt RNS

Was at Chepstow Races yesterday and see William Hill have taken over the betting shop from BritBet. Interesting to know if thy have taken over all BritBet franchises across the country - that could see a good increase in revenue..

Sorry that was such a long message luckily for you I ran out of characters.

One very important positive I forgot to mention - I won a couple of grand in the casino.

The issues were mainly cruise specific although food and entertainment were constantly being criticised by passengers.

We failed to dock at two ports due to weather and “medical issues” - twice we were diverted to accommodate helicopters to recover I’ll patients, plus another diversion to off-load another passenger onto a pilot boat.

The first occasion was during the night after our departure from our first port (LaCoruna) which was, by the way, on a bank holiday with most shops/attractions closed, so not a well planned itinerary)

At two am the captain broadcast that a helicopter would arrive in half an hour. An hour later he advised that the helicopter had aborted the mission and that we would be turning around and head back to LaCoruna. At around 7:00 there was another broadcast saying conditions had improved and the helicopter would be returning. This time the pick-up was successful. This caused an 8 hour delay and poor conditions in the Atlantic meant we would miss our next port (Bermuda) which was supposed to be a two night stop.

Another health issue the following day dictated that we were required to make another diversion - believe it or not to Bahamas, we offloaded the passenger onto a boat at exactly the time we were originally due to depart.

We booked four trips but three of them were cancelled due to various reasons and the one we did didn’t live up to expectation.

Our last port was due to be Ponta Delgado. The prior evening the captain announced that, despite rumours to the contrary, conditions were excellent and we will definitely be calling at Ponta Delgado - guess what- 45 minutes before we were due to dock, with land clearly in view, about 300 metres away, another announcement - visit aborted due to high winds and we would be making our way back to Southampton.

A day later he advised that he had organised a 6 hour visit to LaCoruna. This went well.

The morning after we left LaCoruna another I’ll passenger had to be air-lifted and we would need to divert to accommodate this.

At least we docked in Southampton on time but -another but. We were in the first group to disembark which was delayed by over an hour with many passengers becoming almost mutinous totally disregarding instructions which resulted in the process being halted a few times.

The original itenary included Key West which was deleted (and not replaced) about 6 months ago. In total we missed three of the 11 planned ports. On the way out we docked on one of the eleven days and a half day on the return 11.

The further spanner in the works was, after docking at 6:00 am in New Orleans, the ship was not fully cleared by immigration until 5:15 in the afternoon. Luckily it was a “two day visit” Those who had booked a trip were off early in the morning but those of us who hadn’t had to suffer hours of delay to go through immigration.

So, all in all, mainly cruise specific issues but major problems with food and entertain

Just back from 5 weeks on Ventura (not a great experience) and good to see a steady 6% rise in that time.

Looking for that momentum to continue up to and beyond results.

Bots,

I was £8k up day three now £800 up.

Not been down at any point so far but I’m sure that will change soon!