Carnival Corporation & plc, the world’s largest cruise shipping group, has filed a prospectus supplement with the U.S. Securities and Exchange Commission under which it may offer and sell shares of Carnival Corporation common stock up to the amount of $1.5 billion through an “at-the-market” equity offering programme.

Carnival Corporation is the US listed and panama domiciled holding company in the Carnival Corporation & plc group.

This follows the completion on 30 October of the sale of 67.1million shares of Carnival Corporation common stock under its previous $1.0 billion in a previous at-the-market equity offering programme.

“The timing of any sales will depend on a variety of factors. J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC (the “Sales Agents”) are acting as sales agents under the New ATM Offering. PJT Partners is serving as independent financial advisor to Carnival Corporation,” the company said in a statement.