MIAMI, March 31, 2020 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL NYSE: CUK), the world’s biggest leisure travel business, today declared that Carnival Company (the “Company”) has commenced an underwritten public presenting of $one.twenty five billion of shares of frequent stock of the Company. The Company intends to grant the underwriters an alternative to purchase up to $187.5 million of more shares. The Company expects to use the internet proceeds from the presenting for general corporate purposes.
The Company also declared by separate push release that it has commenced private choices to qualified purchasers of $3 billion aggregate principal volume of initially-precedence senior secured notes owing 2023 and $one.75 billion aggregate principal volume of senior convertible notes owing 2023 (or up to $two.0125 billion aggregate principal volume if the original purchasers exercising in total their alternative to purchase more convertible notes). Absolutely nothing contained herein shall represent an offer you to market or the solicitation of an offer you to acquire the senior secured notes or the convertible notes. None of the closings of the choices of shares of frequent stock, senior secured notes or convertible notes is conditioned on the closing of any of the other choices or vice versa.
BofA Securities, Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-working administrators for the presenting. A shelf registration assertion relating to these securities has been submitted with the U.S. Securities and Trade Fee (“SEC“) and has develop into effective. The presenting may well be created only by usually means of a prospectus complement and an accompanying base prospectus. A preliminary prospectus complement and accompanying base prospectus relating to the presenting will be submitted with the SEC and will be available on the SEC’s internet site at www.sec.gov. Copies of the preliminary prospectus complement and accompanying base prospectus relating to the presenting may well be attained from (one) BofA Securities, Inc., Attn: Prospectus Office, NC1-004-03-43, 200 North University Road, third flooring, Charlotte NC 28255-0001, email: firstname.lastname@example.org, (two) Goldman Sachs & Co. LLC, Prospectus Office, 200 West Road, New York, New York 10282, telephone: one-866-471-2526, facsimile: 212-902-9316 or by emailing email@example.com) and (3) J.P. Morgan Securities LLC, c/o Broadridge Economical Solutions, 1155 Prolonged Island Avenue, Edgewood, New York 11717, or through telephone: one-866-803-9204.
This push release does not represent an offer you to market or a solicitation of an offer you to acquire shares of frequent stock and shall not represent an offer you, solicitation or sale in any jurisdiction in which this kind of an offer you, solicitation or sale would be illegal prior to the registration and qualification beneath the securities guidelines of this kind of point out or jurisdiction.
About Carnival Company & plc
Carnival Corporation & plc is the world’s biggest leisure travel business with a portfolio of 9 of the world’s foremost cruise traces. With functions in North The usa, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess