The company used the proceeds to repurchase $836.3m principal amount of its convertible notes in privately negotiated transactions.
Additional 5.5m shares to close Aug. 10
Carnival expects to close an additional 5.5m shares as part of the registered direct offering on Aug. 10. The proceeds from that closing will be used to repurchase an additional $49.3m principal amount of the company's convertible notes in a privately negotiated transaction.
Following these notes repurchases, $1.127bn principal amount of Carnival's convertible notes will remain outstanding.
Goldman Sachs acted as the exclusive placement agent for the registered direct offering. PJT Partners served as independent financial advisor to Carnival.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Cruise News to your Google News feed. |