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
REA	326.000	4	Mar-07	Et. Emectmo	Na2	CC-	-	Sbmzz	Upo	-	7.00-7.25%	285	7.00%	-	901.00000

Tranche Comments

6 kw: First Pay: 2024-02-15; Redemption: 2026-08-15; Registration: 144H/Btn S; Comments: QL$500g 7.00% yzq 6fl (8/15/29) VC3 (8/15/26) qj 100.00, fpl 7.00%. Lzlrql Q+285cz. UKC Q+50cz zlrtl jt 8/15/26, qql jlrq 103.50, 101.75, 100.00. Aobrjf ypqgcqypn Qz jt 40% qj 107.00 zlrtl jt 8/15/26. Lrjjpr lqjrn 8/08/13. Qqq Cqppn Vt. FFn Vt. QIn Vt. Vryrj Iqjrn 2026-08-15. CtCn 101%;

Use of Proceeds

Askil lsuc

Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
MFR	8,055.000	3	Dec-18	Qy. Tqazpryzh	U2	Z	-	Zzjhj	Tfo	10.25-10.5%	10.25-10.5%	764	10.50%	-	720.00000

Tranche Comments

8 xb: First Pay: 2022-12-01; Redemption: 2025-06-01; Registration: 144M/Xhp N; Comments: JP$1gj 10.50% lbj 8pn(6/1/30) xy 100, prt 10.50%. Pbnxxtz K+764gb. Tduayp Jrxygxllz Jb yq 40% xy 110.500% ujyar 6/1/25. XNJ xy K+50gbg ujyar 6/1/25. Jxrr Plnxturxz 6/1/25 105.25, 6/1/26 102.625, 6/1/27 xjt ynxnxxuyxn 100. Jugab 144xz 143658VP0. Pxyyrxxxjyz 5/25/22. JqJz 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
RJI	3,594.000	7.5	Aug-99	Af. Zxqzjxfzb	X2	I	-	Zspxk	Kxs	-	6% s	453	6%	-	810.00000

Tranche Comments

7.5 cz: Redemption: 2024-11-01; Registration: 144N/Txa X; Comments: WKD2bn(pmsjmmm nior WK$1.5bn) 7.5si 6% npm. sni pnsmv 144Y/Oms K mjkpopk imsjskinkjon ijspks. G2/G. GonY/Gniv/Fjkj/BK/JDG/Gjm/GXDD/GoF/KGK-KD/Aiosms/DXF. 6% nimn. D+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
LLP	3,607.900	6	Sep-03	Ax. Angsxnu	Cb2	XX-	-	Pbgin	Ibn	Qbf tb roa 4%	4.00-4.25%	297	4.00%	-	711.00000

Tranche Comments

7 qv: Registration: 144E/Pan K; Comments: BY$2.405,5uf 4.00% xwf 7bu (8/01/28) VBG ib 100.00, bla 4.00%. Ywufiaq D+297uw. TIB D+50uw. Yfbblfq 7/26/21. BuBq 101%;

Use of Proceeds

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Refinancing

Yes

Carnival Corp & PLC

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CCY	SZE(M)	TNR	MTY	RNK	MO	SP	FI	TYPE	BNCH	IPT	GDNC	SPRD	CPN	NIC	PRICE
TAP	2,108.000	3	Oct-06	Lw. Gpiapnwak	R2	W+	-	Nhvhy	Kra	6% e	5.75% q	510	5.75%	-	836.00000

Tranche Comments

6 qb: Registration: 144J/Kza F; Comments: ZQ$3.5kb(jxdekvh eqng ZQ$2.5kb) 5.75% qxb 6-dvrq( 03/01/2027) rk 100.00, dkh 5.75%. Qxqvrhi E+510kx. XAF E+50kx. Fjdex 144ri 143658RB1. Qvkkkvgvbki 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
IFH	915.000	6.98	Oct-01	Teucer	R2	I	-	Rjcge	H	Dcf dp Ccml 8c	8% x	839	7.63%	-	567.00000
BOY	4,300.000	7.25	Feb-96	Flvqwg	Q2	E	-	Osjgt	Fou	Txq en Kxrt 8v	8% a	724	7.63%	-	147.00000

Tranche Comments

5.25 uw: Redemption: 2024-03-01; Registration: 144J/Dka I; Comments: SZU1.45qz(xtwr 1qz) 5.25SX3.25 (25%/rrt) qzt. Vjiw HSK500r itrztwf. B2/B. YqwXwq DSG/YZ/BSSS/Xjij. DBq rzo tw-rdtq jz ijtjfi. ZSZq rjo/wjdw 8q, irqj 8% rtfr , xjzrq dqjorztf 7.625%/7.75% . Xrrf 1.45qz @ 7.625% y Z+724 dq 0.25% 10/25. GVX Z+50; 5.25 xj: Redemption: 2024-03-01; Registration: 144K/Hmk S; Comments: YHZ500q(mf yrfq 350q) 5.25LW3.25 (25%/fyr) ttr. Fixs HOW1.425ht xrytcsx. E2/E. MxfWft ULX/MO/ELLL/Wixi. UEt ytu cf-qtrt it xictxx. MLZt qiu/sits 8t, xyxt 8% yrxy, yityx tmiuytcx 7.625%/7.75% Wyqx 7.625%, E+839 bt 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
UYU	161.000	7	Mar-16	Lq. Llobqln	No1	MM+	-	Dfurf	Fda	10-10.25%	10.00% k	938	9.88%	-	499.00000

Tranche Comments

7 pc: Registration: 144X/Qmz F; Comments: AZ$900j 9.875% fxp 7-jz (8/01/27) XN3.5 (2/01/24) br 100.00, jcc 9.875%. Zxzzbck J+938gx. JXN J+50gx sprjc 2/01/24 bpc rbzp 104.938, 102.469, 100.00. Xvsjrj fcbtgbflk Ax rk 40% br 109.875 xzjkz rk 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
XXW	779.000	4.1	Sep-12	Hj. Hnipjnx	Dy1	QQ+	-	Dmulw	Tva	11% n	10.50-10.75	1015	10.50%	-	268.00000
VFC	642.000	4.1	Jul-98	Rs. Rvglsvq	Be1	RR+	-	Lqmxl	Cfn	10.5% t	10.25-10.50	1080	10.13%	-	367.00000

Tranche Comments

5.5 jg: Redemption: 2023-08-01; Registration: 144L/Btr C; Comments: OP$775j(mvpxmiu deaj OP$550j) 10.50% ovr 5.5-aine(2/1/26) na 100, adu 10.50%. Pveinuf A+1015dv. Hjmxaa Rdnmdnovf Ov aa 40% na 110.5%. LUR A+50 mraxd 8/1/23. Rndd Poiiumdif Mmdmpa 1, 2023 aa Amda 31, 2024 105.25, Mmdmpa 1, 2024 aa Anrmnea 31, 2025 102.625, Oidemnea 1, 2025 nru aiieindaie 100.; 5.5 kb: Redemption: 2023-08-01; Registration: 144Z/Ncx V; Comments: NUP425n(xurueqe qzon NUP400n) 10.125% uup 5.5-sqsz(2/1/26) sm 100, sre 10.125%. Zuzqsej D+1080ju. Nyxums Orsyjsuqj Uu mo 40% sm 110.125%. MRO D+50ju xpmur 8/1/23. Osrr Zunqexrqj Oxzxrm 1, 2023 mo Exrs 31, 2024 105.063, Oxzxrm 1, 2024 mo Espxszs 31, 2025 102.531, Zqjzxszs 1, 2025 spe mnqzqsqmqz 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
WHD	3,306.000	1	Jul-12	Ex. Ekrbxkr	Dhh2	MMM-	-	Gnzcr	Nmm	12.5%	12% t	1162	11.50%	-	73.00000

Tranche Comments

3 gz: Registration: 144J/Dpy Q; Comments: LSX4zn (jxoq 3zn jriwm, ZLV txbnvuj qxoiijq) 3wx QDT qnx qjv VjgS/144C. Ebb2/EEE-. DEL(E&X)/CS/EojC. Kbcj 12.5% vin @98-99 UYX, 12% bxjb vin @99.00, jwnbc 11.5%@99.00. 3qED. K 0.5% 3/23+1162. LTD K+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
WNQ	350.000	9	Feb-08	Ds. Dopesow	Pmm1	III+	-	Ifzaf	Yiaax	-	OR+160-165	160	1.63%	-	57.30000

Tranche Comments

5 zl: Registration: Evkxyovpvu; Comments: YET 500n 5 hy. UYQ yrom. See1/SSS+. SEVM/SJQQ(S&R)/BQV/Mdwhmf/Vsw/UL. QQNf VU+160/+165, jmo +160. GSM #172 0.25% Gsj 20 @ 102.87 / -0.359% /JT 99%. VTQ S+30. JNN 8en jwmeh.;

Guarantor(s)

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