**Carnival Corporation Orders Two Next-Generation AIDA Cruises Ships for 2030 and 2032 Delivery**

Carnival Corporation has finalized an agreement with Italian shipbuilder Fincantieri to build two next-generation ships for AIDA Cruises, set for delivery in fiscal years 2030 and 2032. The vessels will feature around 2,100 cabins each and represent a new class of mid-sized ships that bridge the gap between AIDA's existing Hyperion and Helios classes.

The ships will be powered by multi-fuel-capable engines, including liquefied natural gas (LNG), and will be ready to use low- and zero-carbon fuels as they become more available. These new builds will enhance AIDA’s leadership in the German cruise market and support Carnival’s commitment to sustainable growth.

The announcement brings Carnival’s newbuild pipeline to eight ships scheduled through 2033, with the majority allocated to high-performing brands like AIDA and Carnival Cruise Line. Design and itinerary details will be released later, and the order is subject to final financing expected later this year.

Holland America Line Marks 152nd Anniversary with Major Cruise Sale

Holland America Line is celebrating its 152nd anniversary with a limited-time “Anniversary Sale,” offering travelers up to 30% off cruise fares, onboard credits of up to $300 per stateroom, 50% reduced deposits, and free third and fourth guests in the same stateroom. The promotion runs from April 3 through April 30, 2025.

The offer applies to cruises departing between April 2025 and April 2026 and includes a wide range of destinations across all 11 ships, such as Alaska, the Caribbean, Europe, Australia, and Asia. Collectors' Voyages, which feature non-repeating back-to-back itineraries, are also eligible.

The sale can be combined with the “Have It All” premium fare, which adds perks like shore excursions, specialty dining, a beverage package, and Wi-Fi. The onboard credit can be used for spa treatments, dining, shopping, and excursions. Cruises featuring free third and fourth guests provide added value for families and groups.

Sample fares include a 7-day Alaska cruise starting at $105 per person per day and a 14-day Caribbean sailing from $75 per day. Full details and booking options are available at hollandamerica.com.

Carnival Corporation & plc reported strong financial results for the first quarter of 2025, surpassing its December guidance and raising expectations for the full year.

First quarter revenue reached $5.8 billion, over $400 million higher than the same period last year. Net yields rose 7.3 percent (in constant currency), significantly outperforming previous forecasts, while operating income grew to $543 million, nearly double that of Q1 2024.

Despite a net loss of $78 million due to $252 million in refinancing-related costs, adjusted net income came in at $174 million, or $0.13 per share. Adjusted EBITDA rose to $1.2 billion, a 38 percent increase year over year. Both operating margins and EBITDA margins exceeded 2019 levels.

Customer deposits reached a first-quarter record of $7.3 billion, driven by higher ticket prices and pre-cruise onboard spending. Booking trends remained strong with pricing at historic highs, and 2026 booking volumes hit record levels.

For full-year 2025, the company expects net yields to rise approximately 4.7 percent (constant currency) and adjusted EBITDA to reach $6.7 billion. Adjusted net income is expected to increase more than 30 percent from 2024, and the company now expects to reach its 2026 financial targets one year early.

Carnival also refinanced $5.5 billion in debt during the quarter, reducing annual interest expense by $145 million and simplifying its capital structure. Total debt declined by $0.5 billion to $27.0 billion. Moody’s upgraded the company’s credit rating with a positive outlook.

Carnival brands received industry awards and continued enhancing guest offerings. The company remains focused on strong demand, booking growth, and delivering value while managing macroeconomic and geopolitical risks.

Carnival Corporation and Carnival plc announced the completion of their previously disclosed private offering of $1.0 billion in 5.750% senior unsecured notes due 2030. The company used the proceeds, along with cash on hand, to redeem $1.0 billion of its 10.500% senior unsecured notes due 2030.

The newly issued notes will mature on March 15, 2030, with interest payable semi-annually starting September 15, 2025. They are guaranteed on a senior unsecured basis by Carnival plc and certain subsidiaries. Prior to December 15, 2029, the company may redeem the notes at a price equal to 100% of their principal amount plus a "make-whole" premium. After that date, they may be redeemed at par plus accrued interest.

The indenture governing the notes includes restrictions on liens, mergers, and asset transfers. It also requires the company to offer to repurchase the notes at 101% of their principal amount plus interest in the event of a change of control. The notes were sold to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S and will not be registered under U.S. securities laws.

A press release announcing the transaction was issued on February 28, 2025, and is included as Exhibit 99.1 in the company's filing.

Carnival Corporation & plc announced the pricing of a private offering of $1.0 billion in senior unsecured notes due 2030 with an interest rate of 5.750%. The proceeds are expected to be used for general corporate purposes, including debt repayment. The announcement was made in a press release issued on February 18, 2025. The company emphasized that forward-looking statements included in the press release are subject to uncertainties and risks.

Carnival Corporation & plc announced a private offering of new senior unsecured notes totaling $1.0 billion, expected to mature in 2030. The proceeds will be used to refinance its existing $1.0 billion 10.500% senior unsecured notes due 2030. The company also issued a conditional notice of redemption for these outstanding notes, with a scheduled redemption date of February 28, 2025, contingent on the successful closing of the new notes offering.

The redemption price for the existing notes will be 100% of the principal amount, along with a “make-whole” premium and accrued interest. The company’s press release includes forward-looking statements regarding this financial move, highlighting its intent to optimize debt obligations.