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Published on 4/16/2008 in the Prospect News Convertibles Daily.

Carnival holders put back $117,000 of 2% convertibles

By Jennifer Chiou

New York, April 16 - Carnival Corp. announced that holders of $117,000 of its 2% convertible senior debentures put back their notes for a repurchase price of par plus accrued interest.

The company said that $594.99 million of notes now remains outstanding.

The holders' next opportunity to require the company to repurchase the debentures is April 15, 2011.

Based in Miami, Carnival is the largest cruise vacation group in the world.


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