Carnival Corp Stock Price, News & Analysis

Carnival Corporation (NYSE: CCL) has announced the pricing of $1.25 billion in senior unsecured notes with a 5.125% interest rate, due 2029. The company plans to use the proceeds, along with cash on hand, to redeem $2.0 billion of 6.000% senior unsecured notes due 2029.

The new notes will pay interest semi-annually starting May 1, 2026, and will be fully guaranteed by Carnival plc and certain subsidiaries. The offering, expected to close on October 15, 2025, represents a strategic move to reduce interest expenses and features investment grade-style covenants.

Princess Cruises (NYSE:CCL) has announced that Camila and Matthew McConaughey, co-founders of Pantalones Organic Tequila, will serve as godparents of the new Star Princess cruise ship. The 177,800-ton, 4,300-guest vessel will be christened during a naming ceremony in Fort Lauderdale on November 6.

The Star Princess features 30 dining and bar venues, over 1,500 balcony staterooms, and exclusive amenities including The Sanctuary Collection, The Dome, The Princess Arena, and The Piazza. The ship will debut in the Mediterranean on October 4, 2025, before beginning Caribbean voyages from Ft. Lauderdale, followed by an Alaska season.

Princess Cruises serves signature cocktails featuring Pantalones Organic Tequila across its fleet, including the popular 24K Gold Margarita, as part of its Love Line Premium Liquors collection.

Carnival Corporation (NYSE/LSE: CCL) has announced a new private offering of $1.25 billion senior unsecured notes due 2029. The cruise line operator plans to use the proceeds, along with cash on hand, to fully redeem its existing $2.0 billion 6.000% senior unsecured notes due 2029.

The new notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S. The company expects the new notes to have investment grade-style covenants and aims to reduce its interest expense through this refinancing.

Carnival Corporation (NYSE:CCL) reported exceptional Q3 2025 financial results, achieving all-time high net income of $1.9 billion and adjusted net income of $2.0 billion. The company delivered record revenues of $8.2 billion, marking its tenth consecutive quarter of record performance.

Key highlights include a 4.6% improvement in net yields in constant currency, strong booking trends for 2026 at historical high prices, and refinancing of $4.5 billion in debt. The company raised its full year 2025 adjusted net income guidance for the third time, now expected to be up nearly 55% year-over-year.

Notable achievements include reaching a 13% adjusted return on invested capital, the successful opening of Celebration Key destination, and record customer deposits of $7.1 billion. The company's net debt to adjusted EBITDA ratio improved to 3.6x from 4.7x year-over-year.

Princess Cruises (NYSE:CCL) has officially taken delivery of its newest vessel, Star Princess, during a handover ceremony at the Fincantieri Shipyard in Monfalcone, Italy. The vessel is the second Sphere-Class ship in Princess' fleet and the 17th ship overall.

The 177,800-ton ship can accommodate 4,300 guests and features over 1,500 balcony staterooms. Star Princess offers 30 dining and bar venues, including exclusive amenities like The Sanctuary Collection. The ship will begin its inaugural 11-day Western Mediterranean cruise from Barcelona on October 4, 2025, followed by Caribbean voyages from Ft. Lauderdale starting November 7, 2025, and later an Alaska season.

Princess Cruises (NYSE:CUK) has partnered with Archer Roose Wines as its first official canned wine partner, making their premium wines available fleetwide starting September 2025. The partnership features four varietals - Bubbly, Pinot Noir, Rosé, and Sauvignon Blanc - accessible throughout the cruise experience including poolside, excursions, casinos, and room service.

The collaboration is being promoted through a new video campaign featuring Elizabeth Banks, Archer Roose Wines' Chief Creative Officer and Co-Owner. The campaign, titled "The Can for the Curious Cruiser," will be showcased across social media, YouTube, and in-cruise staterooms. This marks Archer Roose Wines' first venture into the cruise industry, expanding their presence in the travel sector.

Holland America Line (NYSE:CCL) has announced enhanced culinary programming for its 2026 Grand Voyages, featuring renowned culinary ambassadors aboard select segments. The 133-day Grand World Voyage and 93-day Grand Australia and New Zealand Voyage will include special appearances by Chef Masaharu Morimoto, Chef Ethan Stowell, Master Tea Blender Steve Schwartz, and Chocolatier Jacques Torres.

Both voyages depart on January 4, 2026, with a unique meetup scheduled for March 7 in Sydney, where Torres will host an exclusive Chocolate Teatime for guests from both ships. The program includes cooking demonstrations, exclusive dinners, tea tastings, and special events. Shorter segments ranging from 14 to 72 days are available for both voyages, offering more flexible options for travelers.

Carnival Corporation's (NYSE:CUK) ultra-luxury brand Seabourn announced that Seabourn Encore will make its maiden voyage to Alaska and British Columbia in 2026. The program includes 17 seven-day sailings and one 8-day sailing between May and September 2026, with options to combine into 14- or 15-day voyages.

The ship will feature the Ventures by Seabourn program, offering expert-led excursions with kayaks and Zodiacs launched directly from the ship. Seabourn will provide more sailings into Glacier Bay National Park than any other luxury cruise line, and every voyage will include a glacier experience. Special voyages are planned around the Summer Solstice, Perseid Meteor Shower, and major U.S. holidays.

Princess Cruises (NYSE:CCL) has promoted Carmen Roig to Senior Vice President of Sales, building on her successful tenure as Vice President of Sales since 2022. Under her leadership, Roig has overseen North America Trade Sales, Trade Marketing, Inside Sales and Service, and International Sales across Europe and South America.

Roig brings over 40 years of cruise industry experience, having previously held leadership positions at Crystal Cruises, Azamara Club Cruises, Costa Cruises, and starting her career at Carnival Cruise Line in 1981. In her expanded role, she will continue focusing on strengthening travel advisor partnerships and expanding consumer demand through innovative tools and programs.