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: Carnival to save $120 mln a year by retiring $1.2 bln in ‘high-cost’ debt

Carnival Corp. CCL stock was up 1.1% in premarket trades after the cruise operator said it would retire $1.2 billion of its highest-cost debt, “given the confidence we have in our business and its cash flow generation.” The move will save Carnival about $120 million a year in interest expense. The company will issue a […] The post : Carnival to save $120 mln a year by retiring $1.2 bln in ‘high-cost’ debt appeared first on ForexTV... Read More

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Posted: Jul 31 2023, 11:46

Author Name: forextv

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