{"id":441411,"date":"2021-02-22T23:13:04","date_gmt":"2021-02-23T04:13:04","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441411"},"modified":"2021-02-22T23:13:04","modified_gmt":"2021-02-23T04:13:04","slug":"carnival-corporation-plc-announces-pricing-of-offering-of-common-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/carnival-corporation-plc-announces-pricing-of-offering-of-common-stock\/","title":{"rendered":"Carnival Corporation & plc Announces Pricing of Offering of Common Stock"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n MIAMI<\/span>, Feb. 22, 2021<\/span> \/PRNewswire\/ —\u00a0Carnival Corporation\u00a0& plc\u00a0(NYSE\/LSE: CCL; NYSE: CUK), today announced that Carnival Corporation (the “Corporation”) has priced its previously announced underwritten public offering of 40,450,619\u00a0shares of common stock of the Corporation at a public offering price of $25.10<\/span> per share. The offering is expected to close on February 24, 2021<\/span>, subject to customary closing conditions. The Corporation expects to use the net proceeds from the offering for general corporate purposes.<\/p>\n

Goldman Sachs & Co LLC is acting as sole bookrunner and underwriter for the proposed public offering.<\/p>\n

A shelf registration statement relating to these shares of common stock has been filed with the U.S. Securities and Exchange Commission (“SEC”) and has become effective. The common stock offering is being made only by means of a prospectus supplement and an accompanying base prospectus. A preliminary 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<\/a>. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the common stock offering may be obtained from Goldman Sachs\u00a0& Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY<\/span> 10282, by telephone at 1 866 471 2526, or by email at prospectusny@ny.email.gs.com<\/a><\/p>\n

PJT Partners is serving as independent financial advisor to the Corporation and Carnival plc.<\/p>\n

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 registration and qualification under the securities laws of such state or jurisdiction. <\/p>\n

\n About Carnival Corporation & plc<\/b>\n <\/p>\n

Carnival Corporation & plc is one of the world’s largest leisure travel companies with a portfolio of nine of the world’s leading cruise lines. With operations in North America<\/span>, Australia<\/span>, Europe<\/span> and Asia<\/span>, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia<\/span>), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.<\/p>\n

\n Cautionary Note Concerning Factors That May Affect Future Results<\/b>\n <\/p>\n

Carnival Corporation and Carnival plc and their respective subsidiaries are referred to collectively in this press release as “Carnival Corporation & plc,” “our,” “us” and “we.” Some of the statements, estimates or projections contained in this press release are “forward-looking statements” that involve risks, uncertainties and assumptions with respect to us, including some statements concerning the financing transactions described herein, future results, operations, outlooks, plans, goals, reputation, cash flows, liquidity and other events which have not yet occurred.\u00a0 These statements are intended to qualify for the safe harbors from liability provided by Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934.\u00a0 All statements other than statements of historical facts are statements that could be deemed forward-looking.\u00a0 These statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and the beliefs and assumptions of our management.\u00a0 We have tried, whenever possible, to identify these statements by using words like “will,” “may,” “could,” “should,” “would,” “believe,” “depends,” “expect,” “goal,” “anticipate,” “forecast,” “project,” “future,” “intend,” “plan,” “estimate,” “target,” “indicate,” “outlook” and similar expressions of future intent or the negative of such terms.<\/p>\n

Forward-looking statements include those statements that relate to our outlook and financial position including, but not limited to, statements regarding:<\/p>\n

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\n \n <\/td>\n\n

\n \u00b7\u00a0 Pricing<\/span>\n <\/p>\n<\/td>\n

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\n \u00b7\u00a0 Estimates of ship depreciable lives and residual values<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n \u00b7\u00a0 Booking levels<\/span>\n <\/p>\n<\/td>\n

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\n \u00b7\u00a0 Goodwill, ship and trademark fair values<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n \u00b7\u00a0 Occupancy<\/span>\n <\/p>\n<\/td>\n

\n

\n \u00b7\u00a0 Liquidity and credit ratings<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n \u00b7\u00a0 Interest, tax and fuel expenses<\/span>\n <\/p>\n<\/td>\n

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\n \u00b7\u00a0 Adjusted earnings per share<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n \u00b7\u00a0 Currency exchange rates<\/span>\n <\/p>\n<\/td>\n

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\n \u00b7\u00a0 Impact of the COVID-19 coronavirus global pandemic on our financial condition and results of operations<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

Because forward-looking statements involve risks and uncertainties, there are many factors that could cause our actual results, performance or achievements to differ materially from those expressed or implied by our forward-looking statements.\u00a0 This note contains important cautionary statements of the known factors that we consider could materially affect the accuracy of our forward-looking statements and adversely affect our business, results of operations and financial position.\u00a0 Additionally, many of these risks and uncertainties are currently amplified by, and will continue to be amplified by, or in the future may be amplified by, the COVID-19 outbreak.\u00a0 It is not possible to predict or identify all such risks.\u00a0 There may be additional risks that we consider immaterial or which are unknown.\u00a0 <\/p>\n

These factors include, but are not limited to, the following: <\/p>\n