Carnival Holdings (Bermuda) Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD2,030.0005.5May-28SeniorB2B+-FixedTsy11.25-11.5%10.75-11.00%64910.38%-98.46500
Tranche Comments
5.5 yr: First Pay: 2023-05-01; Redemption: 2025-05-01; Registration: 144A/Reg S; Comments: US$2.03bn (upsized from US$2bn) 10.375% cpn 5.5yr (5/01/28) NC2.5 (5/01/25) at 98.465, yld 10.75%. Spread: T+649bp. MWC T+50bp until 5/01/25, and then 105.188, 102.594, 100.00. Equity clawnback: Up to 40$ at 110.375. Call schedule: Non Callable Until May 1, 2025, then Callable on May 1, 2025 105.188, May 1, 2026 102.594, May 1, 2027 and thereafter at 100. CoC: 101%;
Use of Proceeds
Refinancing

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