Carnival Refinances More Debt, NRG Energy Deal, Cigna Drops
On this episode of Stock Movers:- Carnival Corp. (CCL) shares are up. The company is issuing bonds for the third time this year, as the cruise operator chips away at a debt load that had ballooned during the Covid-19 pandemic. Monday’s $1 billion offering of senior unsecured notes will be used to refinance 7.625% notes maturing next year, according to a person familiar with the matter. Pricing for the new notes is being discussed in the 5.875% to 6% range, the person said.- NRG Energy (NRG) shares hit an all time high as the company agreed to acquire a fleet of natural gas-fired power…
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