Carnival establishes $2 billion commercial paper program
CCL•Carnival Corporation established a $2 billion commercial paper program on November 3, 2026. Notes will mature within 180 days, and proceeds are expected to fund general corporate purposes.
1. Program details
The short-term, unsecured notes will be guaranteed by Carnival UK, and outstanding principal cannot exceed the $2 billion limit. Carnival plans to use its revolving credit facility as a liquidity backstop for program borrowings.
