Carnival PLC - Miami, Florida-based cruise line - Closes underwritten public offering of 102.1 million shares at $9.95 each, raising about $1.00 billion.

Expects to use the net proceeds from the offering for general corporate purposes, including repaying 2023 debt maturities.

Goldman Sachs acted as sole bookrunner and underwriter for the offering.

Current stock price: 662.03 pence, closed down 4.3% on Monday

12-month change: down 55%

Copyright 2022 Alliance News Limited. All Rights Reserved.