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Carnival closes $1b stock offering

Carnival Corp. closed its underwritten public offering of 102,139,621 shares of common stock priced at $9.95 per share.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

July 25, 2022

1 Min Read
Credit: Seatrade Cruise News

The company expects to use the net proceeds for general corporate purposes, which could include addressing 2023 debt maturities.

CCL closed at $9.18, down 8 cents, in New York on Monday.

Goldman Sachs

Goldman Sachs acted as sole bookrunner and underwriter.

PJT Partners is serving as independent financial advisor to Carnival Corp. and Carnival plc.

 

Read more about:

Carnival Corp. & plc

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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