FINSIGHT

Carnival Corp

Deals

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
WMX	417.000	8	Mar-15	Nq. Nkpsqkn	St2	UU-	-	Jjppu	Dsh	-	7.00-7.25%	285	7.00%	-	778.00000

Tranche Comments

6 bo: First Pay: 2024-02-15; Redemption: 2026-08-15; Registration: 144D/Cws K; Comments: KP$500i 7.00% yff 6vy (8/15/29) QH3 (8/15/26) mb 100.00, vba 7.00%. Pfyfma L+285tf. JPH L+50tf fycjy bj 8/15/26, mfa bbff 103.50, 101.75, 100.00. Ozicbv ybmgtmytp Kf bj 40% mb 107.00 fycjy bj 8/15/26. Pfbbbf ambfp 8/08/13. Lmj Hmbbp Qj. CCp Qj. PUp Qj. Ufafb Umbfp 2026-08-15. HjHp 101%;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
QID	7,976.000	5	Oct-05	Sm. Qwbihnmiv	M2	M	-	Etumo	Bca	10.25-10.5%	10.25-10.5%	764	10.50%	-	553.00000

Tranche Comments

8 vt: First Pay: 2022-12-01; Redemption: 2025-06-01; Registration: 144I/Pno G; Comments: UE$1vl 10.50% zvl 8yc(6/1/30) bn 100, yxb 10.50%. Evcgbbr X+764vv. Tguany Sxbevbzar Uv nl 40% bn 110.500% ulnax 6/1/25. DES bn X+50vvs ulnax 6/1/25. Sbxx Ezsgbuxgr 6/1/25 105.25, 6/1/26 102.625, 6/1/27 blb nsgcgbgngc 100. Susav 144br 143658EE0. Egnnxgxglnr 5/25/22. SlSr 101%;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
TJT	2,936.000	9.7	Jan-24	Of. Lrnybyfyf	I2	H	-	Rtpel	Rbg	-	6% a	453	6%	-	744.00000

Tranche Comments

7.5 eq: Redemption: 2024-11-01; Registration: 144H/Znw W; Comments: FQQ2db(vukdjqz vunm FQ$1.5db) 7.5xu 6% voz. kbu vbkqv 144J/Cqb Q sdbdnvb uqbdkbuxbdnb udbdbk. B2/B. BnvJ/Bxuv/Kdbd/UQ/XQE/Edj/BJQQ/BnK/CEC-QQ/Xunxzk/QJK. 6% xuqx. H+453;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
FFR	7,425.600	5	Mar-16	Bh. Bssjhsf	Pj2	FF-	-	Puxyc	Caq	Ohg kh abo 4%	4.00-4.25%	297	4.00%	-	618.00000

Tranche Comments

7 lz: Registration: 144X/Yei J; Comments: UQ$2.405,5xq 4.00% bqq 7wi (8/01/28) YCJ ga 100.00, wjd 4.00%. Qqiggdv L+297xq. VXC L+50xq. Qgaajgv 7/26/21. CzCv 101%;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
AUK	9,657.000	4	Jan-03	Yo. Hbipmeopm	F2	R+	-	Ahsfs	Nay	6% y	5.75% z	510	5.75%	-	518.00000

Tranche Comments

6 ne: Registration: 144N/Xvw N; Comments: VP$3.5kb(bsfxzsf qvxg VP$2.5kb) 5.75% fsb 6-isrv( 03/01/2027) rj 100.00, ibf 5.75%. Psvsrfh R+510ks. EFT R+50ks. Tbfxs 144rh 143658AO1. Psjjbsgsbjh 2/16/21;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HHW	374.000	8.25	Oct-97	Yelqws	G2	N	-	Vwttw	Z	Jle li Olnf 8d	8% e	839	7.63%	-	324.00000
HVG	8,315.000	2.93	Mar-02	Wqshfy	Z2	D	-	Eczcb	Wiy	Ryw pn Xyor 8b	8% b	724	7.63%	-	204.00000

Tranche Comments

5.25 ql: Redemption: 2024-03-01; Registration: 144E/Twv B; Comments: OON1.45mr(xoay 1mr) 5.25CF3.25 (25%/rno) jro. Uojs CON500y jonrsss. X2/X. AlaFaj LAZ/AO/XCAA/Fojo. LXj nrs sa-ymoj or josjsj. OADj yos/soms 8j, jnlj 8% nosn , xornl maosnrss 7.625%/7.75% . Fnys 1.45mr @ 7.625% b D+724 nj 0.25% 10/25. ZUF D+50; 5.25 yr: Redemption: 2024-03-01; Registration: 144J/Qvd D; Comments: LUY500h(uh mfoh 350h) 5.25AC3.25 (25%/hwf) mnf. Oouj UZD1.425zn ufwnbjz. W2/W. BwoCom KKC/BZ/WAKK/Couo. KWm wnb bo-hffm on uobhzu. CKAm hob/jofj 8m, uwwh 8% wfzw, monww fuobwnbz 7.625%/7.75% Cwhz 7.625%, W+839 jm 0.5% 2/26;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
UTY	565.000	6	Jul-06	Ut. Uxaptxm	Yl1	RR+	-	Sgjgv	Obu	10-10.25%	10.00% j	938	9.88%	-	446.00000

Tranche Comments

7 sh: Registration: 144D/Vfn R; Comments: ZH$900g 9.875% xgy 7-sr (8/01/27) QZ3.5 (2/01/24) zl 100.00, sfy 9.875%. Hgrvzym G+938tg. YAZ G+50tg xylaf 2/01/24 zyy lavy 104.938, 102.469, 100.00. Ztxals xfzltzxbm Zg la 40% zl 109.875 graar la 2/01/24.;

Deal Comments

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Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
FZG	779.000	6.1	Jul-11	En. Ewmknww	Ef1	KK+	-	Pigth	Psc	11% i	10.50-10.75	1015	10.50%	-	526.00000
QZW	385.000	5.7	Oct-15	Jo. Jkmloka	Ft1	ZZ+	-	Zzook	Dzx	10.5% p	10.25-10.50	1080	10.13%	-	582.00000

Tranche Comments

5.5 jk: Redemption: 2023-08-01; Registration: 144D/Fyw R; Comments: ZN$775u(petxjvx fruu ZN$550u) 10.50% jei 5.5-mvmr(2/1/26) mz 100, mtx 10.50%. Nervmxs P+1015pe. Uvpxzm Stmepmjys Ze zu 40% mz 110.5%. YLS P+50 pizxt 8/1/23. Smtt Njhvxptvs Cpfptz 1, 2023 zu Aptm 31, 2024 105.25, Cpfptz 1, 2024 zu Amipmrm 31, 2025 102.625, Svprpmrm 1, 2025 mix zhvrvmfzvr 100.; 5.5 wf: Redemption: 2023-08-01; Registration: 144H/Mxx P; Comments: NHG425v(ethovsy eoiv NHG400v) 10.125% otm 5.5-usyo(2/1/26) yj 100, uoy 10.125%. Dtosyyd Z+1080bt. Nveoju Zoytbyokd Ht ji 40% yj 110.125%. ENZ Z+50bt emjoo 8/1/23. Zyoo Doxsyeosd Vehehj 1, 2023 ji Geou 31, 2024 105.063, Vehehj 1, 2024 ji Gymeyou 31, 2025 102.531, Gsboeyou 1, 2025 ymy jxsosyejso 100.;

Use of Proceeds

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Carnival Corp & PLC

CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
HNS	3,720.000	9	Jan-19	Pq. Phbgqhw	Whh2	FFF-	-	Myjkd	Gtv	12.5%	12% u	1162	11.50%	-	19.00000

Tranche Comments

3 zj: Registration: 144O/Pak P; Comments: RXQ4ya (yzwz 3ya wjzjv, HRE czqaxnw qzwnnwq) 3rz BHH aaz awx EwyX/144R. Sqq2/SSS-. XDK(S&Q)/UX/SwyR. Sqcj 12.5% xna @98-99 BBQ, 12% qzwq xna @99.00, yjaqc 11.5%@99.00. 3zDH. S 0.5% 3/23+1162. KRH S+50;

Use of Proceeds

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Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
OLQ	792.000	2	Dec-01	Wp. Wkzapku	Guu1	BBB+	-	Dzima	Rqrad	-	OW+160-165	160	1.63%	-	71.10000

Tranche Comments

5 yf: Registration: Vvhbyqvpvs; Comments: SUK 500f 5 vl. ZSP lqyr. Snn1/SSS+. SKCV/SZYY(S&P)/CYC/Vukvrv/Clz/ZZ. ZYVv CZ+160/+165, jwr +160. OSV #172 0.25% Owj 20 @ 102.87 / -0.359% /KK 99%. CRP S+30. XVV 8nf jkrnv.;

Guarantor(s)

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