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Carnival Corp. & plc prices shares in underwritten $1bn stock offering

CRUISE Carnival Corp. logo.jpg
Carnival Corp. & plc priced its underwritten offering of 40,450,619 shares of common stock at $25.10 per share.

The company plans to use the net proceeds for general corporate purposes.

Shares fall after market close

CCL shares fell 1.81% in after-hours trading following the filing. The stock had closed up 5.61% at $25.97.

Goldman Sachs is acting as sole bookrunner and underwriter.

The offering is expected to close Feb. 24.

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