Carnival Corp. aims to raise $1 billion with new stock issue: Travel Weekly

Carnival Corp. is offering more than $1 billion in new shares of common stock, and plans to use the net proceeds for general corporate purposes, including addressing 2023 debt maturities. 

The company is offering 102.1 million shares of common stock at a public offering price of $9.95 per share. Plus, Carnival Corp. has granted the underwriter a 30-day option to purchase up to 15.3 million additional shares. 

The offer is expected to close on July 25.

  • Related: Report says Carnival is in preliminary talks to sell Seabourn

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