Carnival Corp. (CCL) Announces $1B Common Stock Offering

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Carnival Corporation & plc Announces Offering of Common Stock

July 20, 2022 4:14 PM EDT

MIAMI, July 20, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), today announced that Carnival Corporation (the "Company") has commenced an underwritten public offering of $1,000,000,000 of shares of common stock of the Company. The Company intends to grant the underwriter a 30-day option to purchase up to $150,000,000 of additional shares of common stock of the Company. The Company expects to use the net proceeds from the offering for general corporate purposes, which could include addressing 2023 debt maturities.

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