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IN BRIEF: Carnival opens offer for USD1.0 billion shares

20th Jul 2022 22:02

Carnival PLC - Miami, Florida-based cruise line - Commences underwritten public offering of USD1.0 billion of shares of common stock. Will grant the underwriter a 30-day option to purchase up to USD150.0 million additional shares. Will use net proceeds for general corporate purposes "which could include addressing 2023 debt maturities".

Current stock price: 764.37 pence, closed up 2.9% on Wednesday

12-month change: down 48%

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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