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Published on 2/16/2016 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

S&P assigns BBB+ to Carnival notes

Standard & Poor's said it assigned its BBB+ issue-level rating to Carnival Corp.'s proposed €500 million senior unsecured notes due 2021.

Carnival plans to use the proceeds for general corporate purposes.

All other ratings, including the BBB+/A-2 corporate credit ratings, remain unchanged.

The outlook is stable.


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