diff --git a/drivers/net/bonding/bond_main.c b/drivers/net/bonding/bond_main.c
index 2b721ed392ad..0d9226bdf661 100644
--- a/drivers/net/bonding/bond_main.c
+++ b/drivers/net/bonding/bond_main.c
@@ -782,14 +782,14 @@ static bool bond_should_notify_peers(struct bonding *bond)
 	slave = rcu_dereference(bond->curr_active_slave);
 	rcu_read_unlock();
 
-	netdev_dbg(bond->dev, "bond_should_notify_peers: slave %s\n",
-		   slave ? slave->dev->name : "NULL");
-
 	if (!slave || !bond->send_peer_notif ||
 	    !netif_carrier_ok(bond->dev) ||
 	    test_bit(__LINK_STATE_LINKWATCH_PENDING, &slave->dev->state))
 		return false;
 
+	netdev_dbg(bond->dev, "bond_should_notify_peers: slave %s\n",
+		   slave ? slave->dev->name : "NULL");
+
 	return true;
 }