Carnival Corporation, the Panama domiciled,US listed constituent of the Carnival Corp & plc group, has sold $700 million worth of seven year notes, the Reuters news agency reports.

The notes were sold at a 195 basis point (bp) premium over the yield of US treasury notes of the same maturity. Originally, the deal had been reported to raise $500 million at a 175bp premium, the report said.

On Tuesday, the US seven year treasury notes closed with a yield of 2.09% in New York.