CURRENT REPORT
ON FORM 8-K
MIAMI, May 24, 2016 -- Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) announce that its joint current report
on Form 8-K was filed with the U.S. Securities and Exchange
Commission on May 20, 2016. As
described in the joint current report on Form 8-K, on May 18, 2016, in respect of all of the facilities
provided under our $1.7 billion, €500
million and £150 million multi-currency revolving credit agreement,
as amended and restated on June 16,
2014, by and among Carnival Corporation, Carnival plc, and
certain of Carnival Corporation and Carnival plc subsidiaries, Bank
of America Merrill Lynch International Limited, as Facilities
Agent, Bank of America Merrill Lynch International Limited,
Barclays Bank PLC, BNP Paribas, Citigroup Global Markets Limited,
Goldman Sachs Bank USA, Intesa
Sanpaolo S.p.A., J.P. Morgan Limited, Lloyds Bank plc, Mizuho Bank, Ltd and The Royal Bank of
Scotland plc, as mandated lead
arrangers, and each of the other banks or other institutions party
thereto (the “Facility Agreement”), the termination date was
extended from June 16, 2020 to
June 16, 2021 pursuant to the extension request procedures set
forth in the Facility Agreement. One lender has commitments in
Tranches A, B and C (including under the swingline facilities)
equivalent to approximately $100
million which will terminate automatically on June 16, 2020.
In addition, on May 18, 2016,
Carnival Corporation, Carnival plc, and certain of Carnival
Corporation and Carnival plc subsidiaries entered into an amendment
to increase the total commitments under the Facility Agreement and
add three new lenders (the “Amendment”). The new lenders which
acceded to the Facility Agreement under the Amendment are KfW
IPEX-Bank GmbH, Bayerische Landesbank, New York Branch and DZ BANK AG, Deutsche
Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch (each a “New Lender”). Each
New Lender now holds commitments under Tranche A and Tranche B. As
a result of the Amendment, the Tranche A commitments were increased
by $152,628,181.20 and the Tranche B
commitments were increased by £18,952,247.34, for a combined
increase to the total commitments in an amount equivalent to
approximately $180 million. The
termination date of each New Lender’s commitments is June 16, 2021.
A copy of the joint current report on Form 8-K has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at http://www.morningstar.co.uk/uk/NSM. A
copy of the joint current report on Form 8-K is also available on
the Carnival Corporation & plc website at
http://www.carnivalcorp.com/ or http://www.carnivalplc.com/.