Carnival Group International Holdings Limited has agreed to raise up to an aggregate principal amount of HKD 300 million ($38.71 million) in a private placement of bonds. The issue price of the bonds is 100% of the principal amount of the Bonds, and the bonds are transferable in whole multiples of HKD 0.5 million ($0.06). The interest rate on bonds is 6% per annum calculated on the actual number of days elapsed and on the basis of a 365-day year payable annually in arrears on November 30.

Convoy Investment Services Limited is acting as placement agent for the offering.