Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+' - S&P Global Ratings’ Credit Research

Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+'

Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+' - S&P Global Ratings’ Credit Research
Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+'
Published Oct 30, 2015
3 pages (1031 words) — Published Oct 30, 2015
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Oct. 30, 2015--Standard&Poor's Ratings Services today assigned its 'BBB+' issue-level rating (the same as the 'BBB+' corporate credit rating) on Miami-Fla.-based cruise operator Carnival Corp.'s proposed aggregate €1.2 billion senior unsecured notes. The proposed offering will be split into two tranches, comprised of four-year notes and seven-year notes. The company plans to use the proceeds for general corporate purposes. All other ratings, including the 'BBB+' corporate credit rating, on Carnival remain unchanged. The rating outlook is stable. For the complete corporate credit rating rationale, please see our summary analysis on Carnival, to be published on RatingsDirect as soon as possible after this report. RELATED CRITERIA AND RESEARCH Methodology And Assumptions: Liquidity Descriptors For

  
Brief Excerpt:

...Carnival Corp. Corporate Credit Rating ###+/Stable/A-2 New Rating Carnival Corp. 700 mil. notes due 2019 Senior Unsecured ###+ 500 notes due 2022 Senior Unsecured ###+ Complete ratings information is available to subscribers of RatingsDirect at www.globalcreditportal.com and at www.spcapitaliq.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column....

  
Report Type:

Ratings Action

Ticker
CCL
Issuer
Carnival Corp.
GICS
Hotels, Resorts & Cruise Lines (25301020)
Sector
Global Issuers, Structured Finance
Country
Panama
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+'" Oct 30, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Carnival-Corp-s-1-2-Billion-Four-And-Seven-Year-Senior-Unsecured-Notes-Are-Rated-BBB-1473323>
  
APA:
S&P Global Ratings’ Credit Research. (). Carnival Corp.'s €1.2 Billion Four- And Seven-Year Senior Unsecured Notes Are Rated 'BBB+' Oct 30, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Carnival-Corp-s-1-2-Billion-Four-And-Seven-Year-Senior-Unsecured-Notes-Are-Rated-BBB-1473323>
  
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