MIAMI, April 6, 2020 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, today announced that Carnival Corporation (the “Corporation”) has closed its registered public offering of 71,875,000 shares of common stock of the Corporation at a price of $8.00 per share (including 9,375,000 shares of common stock of the Corporation sold pursuant to the full exercise by the underwriters of their option to purchase additional shares). The Corporation expects to use the net proceeds from the offering for general corporate purposes.
The Corporation also announced today by separate press release that it has closed its previously announced private offering to qualified institutional buyers of $1.95 billion aggregate principal amount of 5.75% convertible senior notes due 2023 (the “Convertible Notes”), including $200 million aggregate principal amount of the Convertible Notes sold pursuant to the partial exercise by the initial purchasers of their option to purchase additional Convertible Notes. The Corporation has granted the initial purchasers of the Convertible Notes an option to purchase on or before April 18, 2020, up to an additional $62.5 million aggregate principal amount of Convertible Notes, after giving effect to the partial exercise of the option described above. The closing of the Corporation’s previously announced private offering to eligible purchasers of $4 billion aggregate principal amount of 11.500% first-priority senior secured notes due 2023 is expected to take place on April 8, 2020, subject to customary closing conditions. Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy the Convertible Notes or the first-priority senior secured notes.
BofA Securities, Goldman Sachs & Co. LLC and J.P. Morgan acted as joint book-running managers for the common stock offering. A shelf registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC“) and has become effective. The common stock offering was made only by means of a prospectus supplement and an accompanying base prospectus. A prospectus supplement and accompanying base prospectus relating to the common stock offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and accompanying base prospectus relating to the common stock offering may be obtained from (1) BofA Securities, Inc., Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, email: [email protected], (2) Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected]gs.com) and (3) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or via telephone: 1-866-803-9204.
This press release does not constitute an offer to sell or a solicitation of an offer to buy shares of common stock and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the