18th Aug 2022 05:36
Carnival PLC - Miami, Florida-based cruise line - Enters into separate, privately negotiated exchange agreements with some holders of its outstanding 5.75% convertible senior notes due 2023, with some of its subsidiaries. Plans to exchange USD339 million of its existing notes for USD339 million of new 5.75% convertible senior notes due October 1, 2024. The new notes will have the same initial conversion price as the existing notes. Expects the exchange to close on August 22.
Current stock price: 779.40 pence
12-month change: down 68%
By Abby Amoakuh; [email protected]
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