Carnival Share News (CCL)

IN BRIEF: Carnival starts offering of convertible notes

Carnival PLC - Miami, Florida-based cruise operator - Prices private offering of USD1 billion of its 5.75% convertible senior notes due 2027 as part of the company's 2024 refinancing plan. The convertible notes will pay interest semi-annually on June 1 and December 1 of each year, beginning on June 1 next year at a rate of 5.75% per year.

Carnival to raise $1bn to make debt payments, shares tumble

(Sharecast News) - Carnival tumbled on Wednesday after the cruise operator announced plans to raise $1bn with convertible senior notes to make principal payments on debt and for general corporate purposes.

Bulkamania: dividend upgrades coming

STOXX 600 down 0.6%

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An unenviable job for the BoE

STOXX 600 down 0.5%

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Europe eyes muted start

Euro STOXX 50 little changed

IN BRIEF: Carnival CEO Donald to resign from board after two decades

Carnival PLC - Miami, Florida-based cruise operator - On Thursday said President & Chief Executive Officer Arnold Donald is stepping down from the board of directors after more than two decades, effective November 30.

IN BRIEF: Carnival extends maturity of 2023 convertible notes to 2024

Carnival PLC - Miami, Florida-based cruise line - Extends maturity of additional USD87 million of 2023 convertible notes at a 5.75% rate. "The 2023 notes will be exchanged for new 2024 notes with the same coupon and no dilution to shareholders at scheduled maturity versus the 2023 notes and no upfront cost," the company explains. The new 2024 notes have a maturity date of October 1, 2024. They will have the same terms as the firm's USD339 million aggregate principal amount of 5.75% convertible senior notes due 2024, announced in August.

Carnival closes senior priority note offering after increasing value

(Alliance News) - Carnival PLC on Wednesday said it has closed its private offering of senior priority notes, due 2028.

IN BRIEF: Carnival prices new notes at 98.5% of face with 10.4% coupon

Carnival PLC - Miami, Florida-based cruise line - Prices debt issue with 10.375% coupon at 98.465% of face value. Carnival Holdings (Bermuda) Ltd, a subsidiary of Carnival Corp, issues USD2.03 billion in senior priority notes due 2028. The unsecured offering was increased from USD1.25 billion "due to strong investor demand", Carnival says. It will use the fresh cash to repay amounts drawn on its revolving credit facility.

TRADING UPDATES: Vast Resources in offtake deal; Conroy posts assays

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

U.S. stocks weekly: Stormy

Sporting brands fall as Nike warns of margin pressure. CarMax hits 2-1/2 yr low as inflation dents demand, drags auto stocks

Carnival records surge in quarterly revenue on robust demand

(Alliance News) - Carnival PLC on Friday reported a surge in third-quarter revenue and a narrowed loss, due to high demand throughout the period.

Carnival expecting Q4 loss, shares sink

(Sharecast News) - Carnival shares sank on Friday after the cruise operator said it expects to make a loss in the fourth quarter.

U.S. IPO scene only slightly better than 2008

Major U.S. indexes up more than 1% each

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Stocks on the radar as Ian bears down on Florida

Main U.S. indexes up more than 1% each

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