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23 Feb 2021 | 08:20

Carnival launches $1.0bn public offering

(Sharecast News) - Cruise operator Carnival has launched an underwritten public offering of $1.0bn-worth of shares of common stock in order to fund general corporate purposes. Carnival said it would place 40.5m shares at a price of $25.10 per share, a slight discount to its Monday closing price of $25.97, with the offering expected to close on Wednesday.

Goldman Sachs will act as the sole bookrunner and underwriter for the proposed public offering.

As of 0820 GMT, Carnival's London-listed shares were up 1.35% at 1,577.50p.
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