{"id":8505,"date":"2023-08-05T21:29:32","date_gmt":"2023-08-05T21:29:32","guid":{"rendered":"https:\/\/isafespend.com\/investing\/carnival-upsizes-leveraged-loan-by-300-million-to-1-3-billion-in-sign-of-strong-demand\/"},"modified":"2023-08-05T21:29:32","modified_gmt":"2023-08-05T21:29:32","slug":"carnival-upsizes-leveraged-loan-by-300-million-to-1-3-billion-in-sign-of-strong-demand","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=8505","title":{"rendered":"Carnival upsizes leveraged loan by $300 million to $1.3 billion in sign of strong demand"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002361013\" role=\"document\">\n<p>Carnival Corp. followed through with its plan to issue a leveraged loan announced on Monday and upsized the deal to $1.3 billion from an original plan to issue $1 billion, the company said in a regulatory filing.<\/p>\n<p>The cruise operator<br \/>\n        CCL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202325446\/composite\" class=\"negative\">-2.28%<\/bg-quote><br \/>\n       also issued $500 million of junk bonds that mature in 2029, all part of a plan to retire older, higher cost debt and reduce its interest costs by $120 million a year.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/carnival-upsizes-leveraged-loan-by-300-million-to-1-3-billion-in-sign-of-strong-demand-5127ed68?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carnival Corp. followed through with its plan to issue a leveraged loan announced on Monday and upsized the deal to $1.3 billion from an original plan to issue $1 billion, the company said in a regulatory filing. The cruise operator CCL, -2.28% also issued $500 million of junk bonds that mature in 2029, all part<\/p>\n","protected":false},"author":1,"featured_media":8506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-8505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Carnival upsizes leveraged loan by $300 million to $1.3 billion in sign of strong demand | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Carnival Corp. followed through with its plan to issue a leveraged loan announced on Monday and upsized the deal to $1.3 billion from an original plan to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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