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23 Feb, 2021 08:20 23 Feb, 2021 08:20

Carnival launches $1.0bn public offering

carnival, cruise, ship, holiday, vacaciones

Cruise operator Carnival has launched an underwritten public offering of $1.0bn-worth of shares of common stock in order to fund general corporate purposes.

Carnival said it would place 40.5m shares at a price of $25.10 per share, a slight discount to its Monday closing price of $25.97, with the offering expected to close on Wednesday.

Goldman Sachs will act as the sole bookrunner and underwriter for the proposed public offering.

As of 0820 GMT, Carnival's London-listed shares were up 1.35% at 1,577.50p.


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.