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

<p>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 […]</p>
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