Carnival cruises into still busy high grade market

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By Mike Turner
21 Oct 2019

Carnival, the Anglo American cruise company, has launched a €600m 10 year trade, with the corporate bond pipeline filling fast.

Carnival, rated A3/A-, hit screens on Monday with a 2029 bond expected to be €500m at initial price thoughts of 115bp area. 

At the same time, French drinks company Pernod Ricard opened books on its own multi-tranche deal (see separate story), while UK housing association Sovereign, and Norwegian industrial ...

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