Carnival Files To Sell More Shares

Carnival Corp. Logo

Carnival Corporation has filed to sell up to $1,500,000,000 worth of shares if needed to raise additional funds due to the coronavirus pandemic.

"Carnival Corporation may offer and sell shares of its common stock, through any of its Sales Agents having an aggregate offering price of up to $1.5 billion from time to time through an “at-the-market” (ATM) equity offering program," the company said.

"Carnival Corporation expects to use the net proceeds from sales of Shares under the New ATM Offering for general corporate purposes. The timing of any sales will depend on a variety of factors. J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as sales agents under the New ATM Offering. PJT Partners is serving as independent financial advisor to Carnival Corporation."

Cruise Industry News Email Alerts

 

Email Newsletter

Get the latest breaking cruise news. Sign up.

Cruise Ship Orderbook

104 Ships | 208,898 Berths | $62 Billion | View

New 2021 Luxury Report

Cruise Industry News Luxury Report

Highlights:

Market Overview

40+ New Ships

2021-2027

First to Recover

New Players

Full Coverage

Order Today

All New 2021 Annual

Cruise Industry News 2021 Annual

Highlights:

Entire Industry

Supply Data

All Companies

400 Pages

Digital Access

2027 Outlook

Order Today